Mercadona, one of Spain’s biggest supermarket chain by market share, is in talks to sell about 30 stores to Israeli fund MDSR Investments, reported Bloomberg.
The portfolio is part of a 36-store package of properties Mercadona put on sale in 2020 for €200 million ($243 million).
Separately, Mercadona sold a package of 27 stores with a 15-year leaseback to LCN Capital Partners for €180 million ($218 million) in 2020.