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CBRE sells Heron International’ shopping centers portfolio

Heron International, shopping centers developers, entrusted CBRE to sell its portfolio, which comprises Heron City Las Rozas and Heron Diversia Alcobendas, both in Madrid, and Heron City Paterna, in Valência.

According to Spanish Real Estate, these three shopping centers are evaluated in €250 million and have a GLA of 84,000 m2 and 6,100 parking spaces. They welcome 12 million visitors per year.

The idea of the British developer is to sell all its shopping centers in Spain. CBRE had already been in touch with a list of potential buyers, including several investors, Socimis and institutional Funds, refers EjePrime.