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Access here alternative investment news about Encore+ Buys Three Spanish Assets From Makro In Sale, Leaseback Deal | News | Ipe Ra
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Encore+ Buys Three Spanish Assets From Makro In Sale, Leaseback Deal | News | Ipe Ra

by realassets.ipe.com posted 3weeks ago 11 views
Encore+ bought the portfolio in Madrid in a sale and leaseback deal. : Encore+, a fund jointly managed by Aviva Investors and LaSalle Investment Management, has acquired a portfolio of three retail assets in Spain. The €1.7bn open-ended continental European real estate fund said it bought the portfolio in Madrid, which comprises wholesale retail with additional office space, from Makro Autoservicio Mayorista in a sale and leaseback deal. The Paseo Imperial property was built in 2012 and provides over 3,000sqm of cash-and-carry on the ground and first floor with over 5,000sqm of office space across six upper floors, Encore+ said.

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