South African Vukile buys Unibail-Rodamco centers for €489M

South African Vukile buys Unibail-Rodamco centers for €489M

 

The purchase was made through the company Morzal Property Iberia. These include the Bahía Sur in Cadiz, El Faro in Badajoz, Los Arcos in Seville and Vallsur in Valladolid.

The fund thus assumes Spain as a key market for its investment plan, according to EjePrime, supported by the economy improvement of the country and the other countries of the euro zone economy that are expected in the coming years.

Let’s remember that Vukile controls 98% of the capital of the socimi Castellana Properties.

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