Amundi puts a portfolio of Carrefour hypermarkets up for sale for €200M

Amundi puts a portfolio of Carrefour hypermarkets up for sale for €200M

The French asset manager has put up for sale a portfolio of nine hypermarkets of the Carrefour distribution chain located in Spain and Italy for 200 million euros, according to Cinco Días.

The company counts on BNP Paribas Real Estate and the consulting firm Cushman and Wakefield to command the sale process. Five of the assets are located in Spain and four in Italy.

Amundi Immobilier is the division of the French giant that manages real estate assets. In Spain, the company owns several Carrefour hypermarkets in San Sebastián de los Reyes, Alcalá de Henares, Santander, Ávila and the Malaga municipality of Rincón de la Victoria.

Amundi reached 15,000 million in revenue in the third quarter of this year, according to the results presented by the French manager on November 4. Assets under management increased by 8.9% year-on-year, reaching 1.8 trillion euros as of September 30, 2021. Adjusted net income stood at 333,000 million euros in the third quarter, 41.5% compared to to the third quarter of 2020.

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