03 RUNNER OPERATION (AUGUST 2013)
The transaction´s target is the sale of a stake in the Parque Corredor shopping center, situated in Torrejón de Ardoz (Madrid). It is a complex hosting more than 150 brands, such as Alcampo – main shareholder in the complex – fashion stores, restaurants and other establishments.
In detail, SAREB holds 35% of the shopping center and this is one of its best assets in terms of this kind of establishments, inherited in December from nationalized Catalunya Banc. The total value of the complex, according to sources from the market, could exceed €100 million.