Announced
Financials
Sources
Tags
Food Products
Private
Friendly
Disposal
Domestic
Italy
Pending
Acquisition
food products
Majority
Single Bidder
Synopsis
Kryalos-backed Polvanera, a real estate alternative investment fund, agreed to acquire 5 Cash & Carry Docks of Carrefour, a French group in the large distribution sector, for €44m ($48m). "This important operation confirms, even in a difficult market phase, our focus on the Italian commercial market which presents interesting return opportunities. In addition, the properties purchased in line with the fund's investment strategy Polvanera, are instrumental and strategic assets for the business of the tenant , as confirmed by the duration of the lease contracts in place," Paolo Bottelli, Kryalos CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.