• Transaction / Assets
    2 plots of land (Madrid)
  • Seller
  • Buyer
    Ores Socimi
  • € MM
    6.6

Ores Buys Two Assets Spanning 8,000m2 in Madrid

12 February 2018 – Iberian Property

A few days after investing €86 million in the purchase of 6 commercial assets in Portugal, Ores Socimi (owned by Sonae Sierra and Bankinter) has bought two plots in Mejorada del Campo, Madrid, for €6.6 million.

The two assets cover a surface area of 8,000 m2 and are both leased to Mercadona, which operates a supermarket on both plots, according to Eje Prime.

In a statement sent to the MAB, the Socimi explains that “the Company continues to meet the investment objectives set out in its business plan, in accordance with the financial parameters committed to its shareholders”.

The operation was financed exclusively through equity capital.

Original story: Iberian Property (by Ana Tavares)

Edited by: Carmel Drake

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