Abrdn completed the acquisition of two Madrid shopping centers from Ten Brinke for €40m.

Synopsis

Abrdn, a fund manager, completed the acquisition of two Madrid shopping centers from Ten Brinke, a developing builder and a building developer, for €40m.

Principals

target

Ten Brinke (two Madrid Shopping Centers)

bidder

Abrdn (ex-standard Life Aberdeen)

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Market Context

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Bidder Team (2)

fausto romero-miura

Partner at Perez Llorca

Lawyer

bidder

Deals

£ 1.56 B

Total Value

stephen bird

CEO at ABRDN PLC (EX-STANDARD LIFE ABERDEEN)

Investor

bidder

Deals

£ 3.44 B

Total Value

Vendor Team (1)

jacob ten brinke

CEO at TEN BRINKE

Manager

vendor

Deal

£ 35 M

Total Value

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