EUROPROPERTY: Spain’s Eroski puts eight supermarkets on sale

Spanish grocery chain Eroski is believed to be in exclusive talks on the sale of a portfolio of eight supermarkets in the Basque region, PropertyEU's sister publication EuroProperty has learned.

The asking price is €105 mln, according to one source who wished to remain anonymous.

Eroski has been selling off its property portfolio since the start of the global financial crisis to focus on its core retail business and reduce debt.

It has already sold portfolios to investors such as Rockspring and hypermarket giant Carrefour.

Cushman & Wakefield has the mandate to sell the portfolio. 


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