Brief: Lar Espana Sells Real Estate Portfolio In Spain To Blackbrook Fund For 59 Mln Euros

HELIOS RE SOCIMI

23/02/2021 13:00

Feb 23 (Reuters) - Lar Espana Real Estate SOCIMI SA  LRES.MC :
    * SAYS TRANSFERRED TO A COMPANY OF BLACKBROOK FUND A PORTFOLIO OF 22 COMMERCIAL PREMISES IN
DIFFERENT PARTS OF SPAIN WITH A GROSS LIVING AREA (GLA) OF ABOUT 28,000 SQUARE METERS
    * DEAL FOR 59 MILLION EUROS
    * SALE PRICE REPRESENTS 2.2% INCREASE OVER VALUE OF LAST APPRAISAL OF THIS ASSET CARRIED OUT
IN
JUNE 2020

Source text for Eikon:  ID:nCNM9zGxHC 
Further company coverage:  LRES.MC 

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