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retail-shopping-centers Market News: Spanish Real Estate Intelligence

Senigallia: the reconversion plan of the old stadium is currently under discussion
08 January, Centro Pagina The City of Senigallia (Marche) is currently evaluating the reconversion plan of the old stadium Bianchelli. The plan involves the construction of a retail centre also including a Conad supermarket. The City Council will discuss the financial feasibility of the project, which will likely involve a partnership with the private sector. Source: Centro Pagina Translator: Cristina Ambrosi
Bain Capital acquired 13 real estate assets in Italy
10 January, Milano Finanza Bain Capital Credit completed the acquisition of 13 assets on the Italian market. The portfolio includes five offices in Milan, Rome and Bologna for a total surface of 65,000 Sq m acquired from Amundi Sgr. There are also six offices in Milan and two shopping centres in the Province of Milan and Molise bought from Kryalos. Source: Milano Finanza Translator: Cristina Ambrosi
Covivio sold assets for 162 million euro and focuses on Milan
08 January, Il Sole 24 Ore In the fourth quarter of 2019, Covivio completed the sale of six office buildings and three shopping centres for a total of 162 million euro following the company’s portfolio optimisation. The six office assets cover a surface of 56,000 Sq m and are located in Milan and Rozzano, for a total value of 108.5 million euro. The three shopping centres develop over a 67,500 Sq m surface and were sold for 53 million euro. Source: Il Sole 24 Ore Translator: Cristina Ambrosi