Spanish group sells 450 hectares of farmland in Alentejo

Spanish group sells 450 hectares of farmland in Alentejo

CBRE has advised the Llopis Group, a food company specializing in nuts, on the sale of its assets in Portugal. The Llopis Group began its agricultural project in 2008 in the Lower Alentejo, specializing in the production of dried fruit and promoting the development of rural areas through sustainable agricultural practices.

The sale of around 450 hectares in Portugal aims to support the expansion of the Llopis Group's operations in Olivença, Badajoz, where the company owns 700 hectares of mulberry plantations. In addition, the company recently completed the installation of an advanced shelling plant in the region.

Marcia José Llopis, CEO and general director of the Llopis Group, comments that "CBRE has demonstrated competitiveness throughout the process, despite the complex market situation, to successfully conclude the sale of our assets in Portugal. This divestment allows us to boost our agricultural business in Badajoz to better serve our customers. This operation would not have been possible without the strong presence of CBRE's Agribusiness area in the Iberian Peninsula and also in Alicante".

For his part, Héctor Rodríguez, Associate Director of Agribusiness at CBRE Spain, said: "At CBRE, it has been a pleasure to have the trust of the Llopis Group throughout the sales process. Despite the market situation, we were able to maximize the value of their assets, bringing our experience in operations throughout the agri-food chain and our expertise in buying and selling rural properties, as well as advising on the growth of operators and companies in the sector. This operation reflects the growing interest in the Spanish agri-food sector, which has become more professional and modernized in recent years".

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