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Eroski Sells a Portfolio of 27 Properties to the Fund WP Carey for €85 Million

The 27 assets acquired by the international fund span a surface area of 45,000 square metres in total and the consideration amounts to around 85.5 million euros.

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Eroski has sold a portfolio comprising 27 properties housing the distribution group’s supermarkets to the international fund REIT W. P. Carey. The properties will continue with their normal activity on a rental basis.

Specifically, the portfolio of properties spans a total surface area of 45,000 square metres and the consideration paid amounts to around 85.5 million euros. Of the total assets, 14 establishments are located in the País Vasco, nine are located in the Balearic Islands, three in Navarra and one in Cantabria.

Read the full article in Spanish.

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