DeA Capital's fund agrees sale of Italian Carrefour portfolio

Italian asset manager DeA Capital Real Estate's Atlantic1 closed-end fund said on Friday that it has agreed the sale of a portfolio of 13 Carrefour supermarkets for a total price of €47 mln.

The name of the buyer was not disclosed.

The portfolio includes assets in the Northern Italian cities of Bologna, Varese, Milan, Turin and Novara as well as two assets in Rome.

Closing of the sale is expected for the end of September 2018.

The deal is part of the fund's liquidation programme ahead of its maturity at year-end 2019.


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