El Corte Ingles sells participation of Torre Serrano for €50M

El Corte Ingles sells participation of Torre Serrano for €50M

According to Eje Prime, the company owns now this tower of 13 floors and 20.000m2. Half of the total space is used for offices, whilst the shopping area occupies 4,300 m2, which will continue to be in the hands of El Corte Inglés.

The same source reminds that this operation forms part of the retail group’s divestment plan, which has sold several commercial spaces owned in Madrid. At the moment continues to seek a buyer for the 740.000m2 non-strategic logistics assets in Spain. 

 

 

 

 

 

 

Photo: EjePrime

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