Corpfin sells shop on Gran Vía in Madrid

Corpfin sells shop on Gran Vía in Madrid

 

The company has already signed a call option agreement with the buyer (which has not been released), which is expected to be executed in 2021. The store will be sold for €2.64 million.

According to the company's statement to MAB, quoted by EjePrime, the store belongs to Corpfin Capital Prime Retail Assets II, which is 40% owned by Corpfin Capital Prime Retail III Socimi and 60% by Corpfin Capital Prime Retail II Socimi.

Already in July, the manager sold 13 street stores to Swiss Life for €83 million, having bought in the same month a center operated by Makro in Madrid for €8 million. EjePrime refers that last April Corpfin created a new socimi with €400 million for investment in street commerce in prime locations.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!