• Transaction / Assets
    50% of Puerto Venecia
  • Seller
    Intu
  • Buyer
    Generali Real Estate and Union Investment
  • € MM
    475

Intu Obtains the Green Light for the Sale of 50% of Puerto Venecia for €475M

13 May 2020 – Brainsre.news

The operation, which was signed in December last year, was pending approval by the competent European authorities.

The company sold its 50% stake to Generali Real Estate and Union Investment for €475 million. The operation, which was signed in December last year, was pending approval by the competent European authorities.

The other owner of Puerto Venecia is the Canadian pension fund, Canadian Pension Plan Investment Board (CPPIB).

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

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