• Transaction / Assets
    Berceo Shopping Centre
  • Seller
    CBRE Global Investors
  • Buyer
    Barings fund
  • € MM
    c. 105

CBRE GI Sells Berceo Shopping Centre in Logroño for c. €105M

29 January 2018 – Metros.com

CBRE Global Investors has successfully completed the sale of the Berceo Shopping Centre in Logroño, for almost €105 million. The sale, to one of the funds administered by Barings, forms part of a limited divestment program of assets that have been optimised by CBRE Retail Property Fund Ibérica (RPFI).

The Berceo Shopping Centre was acquired in 2004. It houses 98 tenants, including Primark, H&M, Media Markt and Zara. Moreover, it is home to a Carrefour hypermarket, which opened recently.

Original story: Metros.com

Translation: Carmel Drake