14 September 2018 – Eje Prime
Corpfin has placed one of its assets in Madrid. The real estate manager has agreed the sale in 2021 of a retail property located at number 55 Gran Vía, in Madrid. The company has signed a purchase option agreement, which the buyer of the property is expected to execute in 2021.
According to a statement filed by the company with the Alternative Investment Market (MAB), the agreement includes a payment by the buyer, whose identity has not been revealed, amounting to €2.64 million as an option premium.
The asset currently belongs to Corpfin Capital Prime Retail Assets II, which is owned by Corpfin Capital Prime Retail III Socimi (40%) and Corpfin Capital Prime Retail II Socimi (60%).
In July, the real estate manager sold thirteen retail premises to Swiss Life for €83 million, and in July, it purchased a centre operated by Makro in Madrid for €8 million. In April, Corpfin created a Socimi with €400 million to invest in high street premises.
Original story: Eje Prime
Translation: Carmel Drake