Corio sells two Spanish assets for €39.4 million (ES)

Corio has sold two Spanish retail properties for a total amount of € 39.4 million on 24 March 2014 to Lar España Real Estate Socimi. The disposals concern Txingudi in Irun (Basque Country) and Las Huertas in Palencia, with a total GLA of 16,200 m². The properties have been sold at the book value of year-end 2013.

Including this transaction, Corio has sold 29 projects for in total € 621 m to a variety of buyers since the start of the disposal programme in the beginning of 2013.

Source: Corio

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