Spanish real estate company Grupo Lar has purchased three shopping centres from Germany's SEB Immobilien Investment for EUR 116 mln. Grupo Lar announced to the Spanish media that the acquisition was made with Morgan Stanley, whcih holds a 17% interest in the property company. The three malls are the 16,000 m[sup]2[/sup] Alzamora Alcoy in Alicante, the 13,000 m[sup]2[/sup] Los Alcores in Seville and the 16,000 m[sup]2[/sup] El Mirador in Cuenca.
Spanish real estate company Grupo Lar has purchased three shopping centres from Germany's SEB Immobilien Investment for EUR 116 mln. Grupo Lar announced to the Spanish media that the acquisition was made with Morgan Stanley, whcih holds a 17% interest in the property company. The three malls are the 16,000 m2 Alzamora Alcoy in Alicante, the 13,000 m2 Los Alcores in Seville and the 16,000 m2 El Mirador in Cuenca.
