on CASINO GUICHARD-PERRACHON (isin : FR001400OKR3)
Casino Group: Real estate sales
Casino Group has completed the sale of 26 real estate assets to Tikehau Capital for more than €200 million. This transaction results from an agreement signed in June 2024, covering a global portfolio of 30 assets.
The remaining 4 assets will be sold once the suspensive conditions have been lifted. The portfolio includes hypermarket and supermarket walls leased to Casino, Intermarché, Carrefour and Auchan, as well as ancillary lots with potential for real estate development.
The management of these assets will be ensured by the Casino group for 5 years. The proceeds of the sale will be used to reduce the financial debt of the subsidiary Quatrim, allowing the repayment of approximately 206 million euros to the bond lenders.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all CASINO GUICHARD-PERRACHON news