Radar > 235685

Eroski plans property sale for EUR 600m

Eroski pretende vender inmuebles por EUR 600m

Intel ID : 235685
Synopsis

Eroski is planning to sell real estate assets, due to the lack of buyers for 28 hypermarkets, as published by newspaper El Economista on 16 April 2016, citing its president, Agustín Markaide.

According to the president, the objective, as soon as the real estate sector recovers, is to raise funds through the sale of assets, up to EUR 600m. However, Markaide said "there is no rush, because the market is not stable".
(content in spanish)

Eroski tiene previsto vender varios inmuebles, ante la falta de compradores para 28 hipermercados, según ha publicado el diario El Economista el 16 de abril de 2016, basándose en declaraciones de Agustín Markaide, presidente de la compañía.

El presidente de Eroski ha asegurado que su objetivo, una vez que se vaya recuperando el sector inmobiliario, es lograr ingresos por estas ventas de hasta EUR 600m. No obstante, Agustín Markaide ha insistido en que "no hay prisa, porque el mercado no está normalizado".

Seller


Intel ID 235685
Value EUR 600,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Eroski
(31 Dec 2020)
Revenue: -
EBITDA: -
Net Debt: -
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Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Food and Beverage (Primary)
Primary Sector (TTRSC)
15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

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Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.