Thursday, August 13, 2020
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Mercadona Puts Two New Portfolios of Supermarkets on the Market Following the Success of the First One

Juan Roig's supermarket chain is looking for a buyer for 38 establishments for which it could receive up to 200 million euros.

Mercadona has decided to continue making cash from its real estate portfolio. In this way, after putting up for sale a portfolio containing 36 supermarkets in March, whose acquisition by the firm LCN Partners, as announced by Brainsre.news, is currently being finalised, the group chaired by Juan Roig is now looking for a buyer for 38 more supermarkets.

Specifically, Mercadona, together with its real estate advisers, JLL and Savills Aguirre Newman, has created two new portfolios: one containing six state-of-the-art supermarkets and a second containing 32 stores with the potential to be transformed, according to El Confidencial.

Read the full article in Spanish.

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