Patio Comercial has acquired four shopping outlets
Patio Comercial has acquired four shopping outlets from VivoCorp.
Founded in 2004, Patio Comercial is a business unit of Grupo Patio, focused on shopping centers. By December 2020, it controlled and operated 73 shopping centers with a total leasable area of 269,000 m² in Chile. Patio Comercial has locations in the country’s main regions and is the market leader in shopping centers in the stand-alone, strip center and neighborhood formats.
VivoCorp is a subsidiary company of CorpGroup, which operates in the leasing industry of commercial and office spaces, as well as real estate developments related to the retail industry.
Oaklins’ team in Chile advised Patio Comercial on the acquisition of four shopping outlets.
Talk to the deal team
Related deals
ArtisJP has sold 620 hectares of farmland to the Land Fund of Latvia
ArtisJP has sold 620 hectares of agricultural land in the Kuldīga region of western Latvia to the Land Fund of Latvia, managed by the Latvian state finance institution Altum.
Learn moreTranscon Developers Private Limited has raised structured debt finance
The transaction is a landmark resolution in the distressed real estate sector, involving a structured solution of US$64.6 million (INR5.5 billion) for a leading real estate developer in the Mumbai Metropolitan Region (MMR). The transaction was backed by a global special situations investor. The project had a total debt carrying value of approximately US$76.3 million (INR650 crore), of which US$29.4 million (INR250 crore) was deemed unsustainable.
Learn moreBuydepa has completed an IPO through ScaleX
Buydepa S.p.A. has successfully raised US$3.1 million (CLP3 billion) through its stock market debut on ScaleX (Santiago Venture Exchange). The company placed 12% of its shares through a capital increase, with subscriptions from a local institutional investor and a broad base of high-net-worth qualified investors.
Learn more