The sale of shopping centre Espacio Léon, placed on the market by giant Blackstone is one of them. Last December, the American company was already at an advanced stage of negotiations to close the sale of the shopping centre together with business complex Helios for around 300 million euro. The operation is now on standby.
Another deal that was frozen was the sale of Parc Central in Tarragona, by CBRE Global Investors. The asset – estimated at between 150 and 160 million euro – is temporarily out of the market, according to PropertyEU.
The conclusion of the sale of 50% of Intu Puerto Venecia is another example. «The impact of COVID-19 in Europe is delaying certain regulatory approvals», but Intu expects to be able to receive, already in May, 105,52 million euro of the 475 million it will be paid by Generali and Union Investment, the shopping centre’s future owners.