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Spanish grocer Mercadona to sell 30 stores to Israeli fund
Transactions - FEBRUARY 26, 2021

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Spanish grocer Mercadona to sell 30 stores to Israeli fund

by Andrea Zander

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.

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