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Trei Sells Portfolio of 49 Retail Properties in Portugal to LCN in £150 Million Deal

Majority of Assets Are Leased to Portugal’s Second-Largest Supermarket Chain
A Pingo Doce supermarket in Portugal (TREI)
A Pingo Doce supermarket in Portugal (TREI)
CoStar News
February 1, 2023 | 12:31 P.M.

Trei Real Estate, an international developer and asset manager for residential and retail real estate, has sold off its entire portfolio of 49 assets in Portugal to LCN Capital Partners, a sale-leaseback and build-to-suit investor in Europe and North America in a deal worth €150 million.

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