- TA Europe advised AEW on selling a portfolio of 22 supermarkets in Spain, showcasing investor confidence in the Spanish economy and the attractiveness of its retail sector.
- The transaction, led by Sandra Marino, reflects a total portfolio area of 110,000 square meters, emphasizing the resilience of the Spanish economy and the significance of the food retail sector.
Madrid, 16 May 2024 – TA Europe, a leading real estate and infrastructure consultancy, is pleased to announce that it has advised AEW on the sale of a prime portfolio of 22 supermarkets in Spain located in prominent areas in Barcelona, Madrid, and other significant cities across the country.
TA Europe carried out a comprehensive technical assessment, focusing in particular on CAPEX, data collection and area checks.
Sandra Marino, Associate Director Iberia at TA Europe, who led the project, commented: “This transaction demonstrates the continued interest of investors in the Spanish economy and underlines the attractiveness of the retail sector in the country. We are proud to have supported AEW in this important endeavour and look forward to contributing to the further strengthening of the real estate market in Spain.”
With a total portfolio area of 110,000 square meters, this transaction reflects investor confidence in the resilience of the Spanish economy. Of particular note is the importance of the food retail sector, which remains attractive amidst evolving market dynamics.
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