Eroski sells to ING RE for EUR 50m

Spanish supermarket group Eroski said it has sold the Bilbondo shopping centre to the Iberian value-added fund managed by ING Real Estate Investment Management for EUR 50 mln. Located in Basauri, Vizcaya, the centre offers an Eroski hypermarket and a retail gallery with over 50 shops. Eroski has leased back the hypermarket with a long-term rental agreement.

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