Radar > 230794

Walmart Chile shopping centers attract Russia-, Spain-, and Canada-based funds

Centros comerciales de Walmart Chile atraen a fondos rusos, españoles y canadienses

Intel ID : 230794
Synopsis

The 10 Espacio Urbano shopping centers put on the block by Walmart (NYSE:WMT), through its subsidiary Walmart Chile, attracted the interest of Russia-, Spain-, and Canada-based funds and family offices, reported Diario Financiero on 22 October, 2015, citing Chile-based consulting firm Kayco International's director, Marcos Kaplún.

Kaplún noted a Russia-based fund, a Spain-based family office, and a Canada-based pension fund showed their interest in the sale. He added investors consider having Walmart as main tenant provides payment security.

In a 15-day period, potential bidders will have to submit formal bids to the broker of the sale, CBRE (Chile).

Walmart Chile announced the sale in early October (see related intel).
(content in spanish)

Los 10 centros comerciales Espacio Urbano puestos a la venta por Walmart (NYSE:WMT), a través de su filial Walmart Chile, han atraido el interés de fondos y family offices rusos, españoles y canadienses, ha publicado Diario Financiero el 22 de octubre de 2015, citando al director de la consultora chilena Kayco International, Marcos Kaplún.

Kaplún ha señalado que se le han acercado un fondo ruso, un family office español y un fondo de pensiones canadiense, interesados en la venta. Ha agregado que los inversores consideran que contar con Walmart como arrendatario principal otorga seguridad de pago.

En 15 días, los compradores potenciales deberán presentar ofertas formales al broker de la venta, CBRE (Chile).

Walmart Chile anunció la venta a principios de octubre (ver Intels relacionados).

Seller

Walmart Chile
Chile

Advisors

retained

Ultimate Owner (Seller)

Walmart
United States

Intel ID 230794
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Walmart Chile
(31 Dec 2013)
Revenue: EUR 4,39m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Country
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

Secondary Sectors (TTRSC)
15.04.03 Personal Care Products
15 Consumer Products & Services / 15.04 Consumer Nondurables

15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Ultimate Owner (Seller)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Primary Sector (TTRSC)
15.05.11 Multiline Retail (Department, Discount & Convenience Stores)
15 Consumer Products & Services / 15.05 Distribution & Retail

Secondary Sectors (TTRSC)
15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
Real Estate and Construction / Real Estate
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Other

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

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.