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Lar España Sells 22 Supermarkets to Blackbrook for €59 Million

The Socimi has sold a portfolio of 22 supermarkets operated by Eroski, which have a combined leasable area of 28,000 m2, to the British fund.

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The Socimi Lar España has sold 22 Eroski supermarkets to the investment fund Blackbrook for 59 million euros. Following this operation, which represents the British firm’s entry into the Spanish market, Lar España’s liquidity stands at close to 200 million euros.

As reported exclusively by at the end of 2020, Lar España has decided to carry out several strategic actions aimed at curbing the effects of Covid-19. In this way, the company put up for sale two shopping centres -Las Huertas and Txingudi- and 22 supermarkets for 100 million euros.

Read the full article in Spanish.


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