• Transaction / Assets
    Commercial assets
  • Seller
    Lar España
  • Buyer
    Pierre Plus
  • € MM
    33.2

Lar España Sells Retail Assets to French Fund Pierre Plus for €33M

13 March 2018 – Expansión

The Socimi Lar España has sold some commercial assets to the French investment fund Pierre Plus SCPI for €33.2 million. Specifically, the firm has sold two out-of-town stores in the Nuevo Alisal retail park in Santander (pictured above) and a commercial building in Villaverde (Madrid).

Original story: Expansión

Translation: Carmel Drake

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