Spanish property company Realia is in advanced negotiations to sell the Nervion Plaza shopping centre in Seville to fund manager Henderson Group for around EUR 80 mln, news agency Reuters reported, quoting three sources familiar with the deal. Nervion Plaza is located near the Seville football stadium, and provides over 24,000 m[sup]2[/sup] of gross retail space across 70 shops and 1,300 parking spaces.
Spanish property company Realia is in advanced negotiations to sell the Nervion Plaza shopping centre in Seville to fund manager Henderson Group for around EUR 80 mln, news agency Reuters reported, quoting three sources familiar with the deal. Nervion Plaza is located near the Seville football stadium, and provides over 24,000 m2 of gross retail space across 70 shops and 1,300 parking spaces.
Realia, which is owned by Spanish building FCC and savings bank Caja Madrid, is also reportedly in talks with Henderson about the possible sale of properties in the Madrid district of Leganes. The company reported a loss of EUR 39 mln in the first six months of 2009, slightly down on last year’s loss of EUR 38 mln. The company’s total debt was EUR 2.3 bn at the end of June 2009.