Europa Press Madrid

Madrid

Updated Thursday, April 4, 2024-08:49

The

Israeli fund MDSR

has acquired from

AEW

, representing French institutional investments, 22 supermarkets, of which 21 are leased to

Carrefour

, for around 120 million euros.

Specifically, the transacted portfolio totals nearly

110,000 square meters

of Gross Lettable Area (GLA) distributed across the 22 assets located in several of the main cities in Spain, as reported in a statement.

Among them, one asset stands out located in a 'prime' area of

​​Barcelona

and five more in towns in the first urban ring of Barcelona, ​​which add up to close to 48% of the total GLA.

The

Community of Madrid

, for its part, accumulates 19% of the SBA transacted. Among the assets are three supermarkets located in the central area of ​​Madrid and many others in its metropolitan area. The rest of the portfolio is made up of properties located in

Santiago de Compostela, Vitoria, Castellón, Guadalajara, Jerez, Tarragona, Palencia and Logroño

.

With this operation, which is valued at

120 million euros

, as reported in this Wednesday's edition of the newspaper

Cinco Días

, MDSR Investments consolidates itself as one of the most active investors in the food segment and now has more than

405,000 meters

squares of surface rented to food operators in

Spain, Italy and Portugal.

This transaction has been advised by Savills and JLL, while Cuatrecasas and Pérez-Llorca have acted as legal advisors to AEW and MDSR Investments, respectively.