Pelayo Capital Increases its Investment in the Breogán Park Retail Project to €80M
The Xunta has just granted Autonomous Commercial Authorization (ACA) to the fund Pelayo Capital for the transformation of the Dolce Vita shopping centre, which is going to be converted into a new complex.
Sonae Sierra, APG, Allianz and Elo create Sierra Prime, a retail JV worth €1.8 Billion
The companies Sonae Sierra and APG have finalised a deal with Allianz and Elo to form a joint venture called Sierra Prime, comprising 6 shoppin...
Lar España Tries to Avoid a Hostile Takeover by Negotiating the Exit of its Shareholder Pimco
The key to the operation is the price at which Pimco would sell its stake and at which a buyer would be willing to acquire a 20% share that does not carry decision-making rights. Therefore, Lar, the Socimi's majority shareholder is trying to find a buyer who is not 'tempted' to carry out a hostile takeover, according to El Confidencial.
Urbas Bids for an Office and Commercial Project in Dubai
This public-private partnership project involves the development of an office complex spanning 150,000 m2 and commercial areas measuring 30,000 m2 in the Emirati capital.
