ORES PURCHASES STORE IN MADRID FOR €4.9M

ORES PURCHASES STORE IN MADRID FOR €4.9M

 

The store is at no. 157 of this commercial street, and has a total of 374 m2, currently leased to the catering group Tim Hortons.

Recently, Ores also purchased another store at no. 13 Ordoño II street in Léon, currently occupied by Mango and with a total of 745 m2, for which it paid €3.8 million.

As reported by EjePrime, the purchase was carried out after a loan agreement with ING in the amount of €140 million.

According to a press release sent by Ore, "with these acquisitions, financed with the cash available from Ores, the company continues to comply with the investment goals considered in its business plan and in accordance with the financial parameters committed with the shareholders."

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