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The sale of supermarkets led the way for owned real estate transactions in Spain during the 2020 financial year, with Mercadona at the forefront.
Mercadona is increasing its investment in logistics this year to €240 million, while Amazon has allocated the bulk of its capital investment and operating expenses - €2.5 billion - to the same.
Following the sale of 27 stores to LCN Capital for 180 million euros, Mercadona is negotiating the sale of another 30 supermarkets to the Israeli fund MDSR for 200 million euros.
Mercadona has drafted an investment plan exceeding 1 billion euros between 2020 and 2025, to strengthen its storage and distribution capacity.