Patio Comercial has acquired four shopping outlets
April 2021 — 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.
Our role in the transaction
Oaklins’ team in Chile advised Patio Comercial on the acquisition of four shopping outlets.
Contáctese con el equipo de la transacción
Transacciones relacionadas
WOOD & Company City – OPF has acquired CIB Rental
WOOD & Company City – OPF (open-ended fund) has acquired a 100% stake in CIB Rental, s.r.o. from CIB Group. The fund’s investment is focused on the revitalization of a fully leased residential area in Prague–Písnice, Czech Republic, a popular residential district comprising family houses and apartment buildings. The location benefits from a newly extended tram line, fast access to the Prague Ring Road and a future Metro Line D station. The investment strategy aims to enhance the value of the asset through a high-quality urban redevelopment concept, including its functional integration with the surrounding local community.
Aprenda másTerhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Aprenda másBerner Group has completed a US$23.4 million private credit financing
Berner Group has successfully closed a US$23.4 million secured private credit facility to fund the repositioning of a former rehabilitation clinic into a student housing scheme in the Rhine-Main region of Germany. The financing was provided by a private debt fund, and structured across three tranches to address the specific requirements of the transaction, including the refinancing of existing bank facilities, funding of capital expenditure and operating costs during lease-up and a conditional tranche linked to the completion of fire safety and remediation works. The deal was structured with a comprehensive security package comprising a first-ranking land charge, share pledge and subordination agreements with existing lenders. Approximately 1% cash equity was contributed by the sponsor, reflecting the strength of the underlying asset and business plan.
Aprenda más