Global Armorica completed the acquisition of Ribera del Xúquer Shopping Centre in Valencia from CIBRE Investment Management for $50m.

Global Armorica, a real estate investment company, completed the acquisition of Ribera del Xúquer Shopping Centre in Valencia from CIBRE Investment Management, an investment company, for $50m. The shopping centre has a gross leasable area of 81k square metres, spread over three floors and 1,5k parking spaces