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44 // iberian.propery / 2017
dossier// ISSUE: TOP IBERIAN Investors
Värde surprised the sector with the acquisition of Via
Cèlére
By the end of February therewas a story that left all the sector astonished.
Gómez-Pintado sold the real estate development, Via Célere, to Värde
Fund, in a transaction that promises to revolutionize the housing market
in Spain. By this operation, the North-American Fund consolidated itself
as
«the»
major real estate developer in Spain, owning alreadyAelca and
Dos Pontos, and confirmed the profound ongoing change in the sector,
with foreign funds highly investing to increase scale, wiling to
“purse
strings”
in order to acquire solid companies like Via Célere.
Blackstone sells Logicor and gains € 12.25 billion
Another big news about North-Americans and that is shaking the mar-
ket is the sale of Logicor to the Chinese Fund CIC - China Investment
Corp - for a record level of €12.25 billion euros. With this operation, the
property division of Blackstone leaves the pan-European logistics plat-
form, launched in 2012, and gathered more than 630 industrial assets
with more than 13 million square meters of GLA in 17 countries (including
Spain and Portugal).
Nevertheless, the American funds manager, one of the biggest in the
world, will remain present in the Iberian real estate market, with Multi,
the shopping center European platform.
13. Nueva Condomina Shop-
ping Center
Size (m
2
)
110.000
Price
(million €)
233
Buyer
Klépierre
Seller
Subsidiary of BNP Paribas
Fortis SA/NV
14. ForumViseu and Forum
Coimbra
Size (m
2
)
---
Price
(million €)
220
Buyer
Greenbay / Resilient
Seller
CBRE Global Investors
15. 49% stake from La
Maquinista shopping centre
Size (m
2
)
95.000
Price
(million €)
201,2
Buyer
Euro Cervante (Socimi owned
by the Soberan Fund from
Singapur GIC)
Seller
GIC
Top transactions 2016 / 2017