Three operations are on the books: the sale of the Douro portfolio (12 supermarkets) to M&G Real Estate in January, for 164 million euros; the sale of a portfolio of four supermarkets to Aberdeen in April, for 40 million euros and, finally, a third, smaller operation, whose details have yet to be revealed, worth 36 million euros.
This information was released in a statement by Sonae SGPS, where it is further revealed that these three operations have generated capital profits worth approximately 63 million euros for its real estate retail unit.
At the end of the third trimester of 2016, Sonae RP was the holder of a portfolio of real estate assets estimated at 909 million euros.
Sonae RP has sold the entirety of the capital of Imoconti, the holding of the hypermarket Continente Albufeira, located in the retail centre ‘Algarve Shopping’. This sales & leas...
Danny Kinnoch has joined Retail Partners Europe (RPE) to help grow the Pan- European investment business.
Sonae Sierra achieved a net profit of 15.9 million euros in the first quarter of this year, 4,2% less than the 16.6 million registered in the same period of the previous year.
Sonae RP announced last Tuesday the conclusion of a sale & leaseback operation with 4 food retail assets in Portugal, in a total volume of €34.7 million.
CBRE announced the release of Retail Intelligence in Spain. This strategic initiative will allow the company to combine the work of the experts in research, digital, innovation, data analytics o...
The US Blackstone plans to sell at least four retail centers it owns in Portugal, refers Bloomberg. The properties may be worth almost €900 million.