Eversheds Sutherland Advises on 62% Acquisition of Vía Sabadell Retail Park
Deal News | Nov 12, 2024 | Iberian Lawyer
Eversheds Sutherland Spain has provided legal counsel to M Core Spain in a strategic acquisition, securing a 62% stake in the Vía Sabadell retail park located in Barcelona. This transaction underscores M Core Spain's expansionist strategy within the retail park sector, marking its third acquisition following previous investments in Parque Quadernillos in Alcalá de Henares and Vista Alegre in Zamora. The Vía Sabadell retail park encompasses 37,000 square meters and hosts 20 diverse operators, such as Conforama, MediaMarkt, Wala, Pepco, and Planet Fitness. The deal was orchestrated by the Real Estate partner Rafael Arraez Amselem, alongside his colleagues Ignacio Fraile Medina and Andrea Calavia Mendiola. The acquisition signifies a continued consolidation of M Core Spain's market position, fostering growth in their retail real estate portfolio.
Sectors
- Real Estate
- Retail
- Legal Advisory
Geography
- Spain – The acquisition involves M Core Spain and the Vía Sabadell retail park located in Spain.
- Barcelona – The Vía Sabadell retail park, the primary subject of the acquisition, is located in Barcelona.
Industry
- Real Estate – The article discusses the acquisition of a retail park, indicating involvement in the real estate sector.
- Retail – The acquired property, Vía Sabadell retail park, features retail operators, highlighting relevance to the retail industry.
- Legal Advisory – Eversheds Sutherland's involvement as legal advisors positions the article within the legal sector.
Financials
- 62% – The percentage of the Vía Sabadell retail park acquired by M Core Spain.
- 37,000 square meters – The size of the Vía Sabadell retail park involved in the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Eversheds Sutherland | Legal Advisor | Company | A legal advisory firm that advised M Core Spain in the acquisition deal. |
| M Core Spain | Bidding Company | Company | The company acquiring a 62% stake in the Vía Sabadell retail park. |
| Vía Sabadell Retail Park | Target Company | Company | A retail park in Barcelona being acquired by M Core Spain. |
| BN Capital Partners | Other Company | Company | A partner in the acquisition, allied with M Core Spain for the purchase. |
| Rafael Arraez Amselem | Real Estate Partner | Person | Led the legal advisory team from Eversheds Sutherland on the transaction. |
| Ignacio Fraile Medina | Legal Advisor | Person | Part of Eversheds Sutherland advisory team for the acquisition. |
| Andrea Calavia Mendiola | Legal Advisor | Person | Part of Eversheds Sutherland advisory team for the acquisition. |