Carrefour Acquires 172 Supersol Supermarkets in Deal Worth €78-Million
The French retail group has reached an agreement to acquire the Supersol supermarket chain, in a deal that is likely to be completed in early 2021.
El Corte Inglés Resumes Plan to Sell More Than 100 Properties for €2 Billion
The group has created a real estate unit to sell assets and promote for third parties, as well as enhancing its logistics portfolio and reducing its debt of €2.729 billion.
Unibail Spain’s Profits Fall by 76% in 2019 After Sale of 4 Shopping Centres
The real estate company sold the El Faro (Badajoz), Bahía Sur (Cádiz), Los Arcos (Seville) and Vallsur (Valladolid) shopping centres in 2018 to the Socimi Castellana Properties for €489 million.
Footfall in Spain’s Shopping Centres Fell by 25.2% in July
The drop of 25.2% is, in reality, the smallest year-on-year drop since the beginning of the declaration of the state of alarm. Footfall had decreased by 89% in April and by 82.5% in May.
