Israeli fund Mdsr buys 21 supermarkets from Patrizia

Israeli fund Mdsr buys 21 supermarkets from Patrizia

 

Most of the assets are located in the north of the country, and this is the third operation of this type by Mdsr in Spain, after buying the Joparny and Tapas projects in February and September 2017, with a 120.000 sqm combined GLA.

The fund will thus manage a portfolio worth more than 300 million euro in Spain, and the retail will keep being its main focus, assures Ran Shtarkman, managing partner at Mdsr: «our main focus will keep being retail; however, we will expand into other sectors where we expect to grow in the coming years due to the solid foundations of the Spanish economy», quotes EjePrime.

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