Merlin interested in El Corte Inglés’ real estate portfolio

Merlin interested in El Corte Inglés’ real estate portfolio

 

According to El Confidencial, what is at stake is a portfolio worth 17.144 billion euro, including shopping centres, stores or logistic assets. Around 15 billion concern points of sale.

Currently, the REIT is in talks with potential partners, and wants to reach a deal before February 28th 2019, when the tax year closes.

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