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METRO AG Metro-Straße 1 40235 Düsseldorf, Germany http://www.metrogroup.de
Company logo of METRO AG
METRO AG

Together with METRO properties, Makro Portugal cashes in on value with sale-and-leaseback of lisbonalfragide asset

(PresseBox) (Düsseldorf, )
MAKRO Portugal, together with METRO PROPERTIES, the real estate arm of METRO AG, sold its Lisbon location in a sale-and-leaseback transaction. Purchaser of the company's administrative headquarters, including the store premises, in Lisbon-Alfragide (Portugal) is investment fund IMOFOMENTO, managed and represented by BPI Gestão de Ativos. The sales price was over 40 million Euros. MAKRO Portugal has secured operations for up to 30 years, including extension options.

David Antunes, CEO of MAKRO Portugal: “This transaction confirms the excellent results that MAKRO Portugal has achieved over the last few years, and during the pandemic period. This sale-and-leaseback transaction by METRO AG ms wos Iostwsbdtw eksvoi mgbtpkwcd mke ijbwj'h dnyntjcnjg jf lcp fnnckzc.”

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.