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Nuveen Offers Up To €200 Million to Take Ownership of 100% of Xanadú

Nuveen has made an offer to its partner to acquire the 50% of the Madrid Xanadú shopping centre that it does not control. Other investors are also bidding for the stake.

centro comercial madrid xanadu nuveen 1

The sale of the Intu Xanadú shopping centre, located in the Madrilenian town of Arroyomolinos, is entering the home straight.

50% of the shopping centre has been up for sale for the last year after its owner, the British group Intu Properties, first started to have serious liquidity problems, which have ended with the firm filing for bankruptcy.

Read the full article in Spanish.


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