Thursday, July 16, 2020
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Mahou Reaches an Agreement with Ibosa to Buy the Project’s Commercial Area and Lease it to Carrefour

Through its real estate branch, the company has reached an agreement with the residential cooperative Residencial Zaurak, managed by the Ibosa Group, to buy the project's commercial area, which it will rent to Carrefour.

The commercial area that Mahou has just bought is located next to the 196-home development that is going to be built through the cooperative regime managed by Ibosa. That development is located on plot RC1, which Mahou itself sold to the cooperative at the end of last year for about 70 million euros, reports El Economista.

The project, located on Paseo Imperial, on the corner with Paseo de los Pontones, has a commercial area spanning just over 3,700 m2, of which 3,300 m2 is now owned by the brewery.

Read the full article in Spanish.

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