Login

LCN Buys 27 Mercadona Supermarkets in €180M Sale-and-Leaseback Deal

Spanish Food Retailer Has a Further 38 Outlets on Sale for €200M
Source: Mercadona
Source: Mercadona
CoStar News
September 11, 2020 | 10:31 AM

LCN Capital Partners has purchased a portfolio of 27 Mercadona supermarkets in Spain with a gross lettable area of 96,342 sq m (103,7016 sq ft) and annual rent of €9.2m for €180m, or a net initial yield of 5%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In