Business Immo, the real estate website

Sonae Sierra

Retail 23/01/2019

Sonae Sierra takes 50% of Balmain to form JV for Poland, CEE expansion

Portugal-based Sonae Sierra has acquired a 50% stake in the central European platform of the UK's Balmain Asset Management that brings it entry to (...)

Finance 11/01/2019

Spanish 2018 RE investment rises 8% to €11.6bn - BNP Paribas RE

Spanish real estate investment rose 8% last year to €11.63bn but, adding in corporate operations, soared as high as €19bn, according to international adviser (...)

Retail 20/12/2018

Portuguese Sonae, Slovakian Korbačka in €485m Spanish malls buy

Portuguese retail group Sonae Sierra and Slovakian J&T group's Peter Korbačka are reported to have agreed to pay €485m for three Spanish malls developed by Sonae and CBRE (...)

Retail 16/07/2018

UK's Grosvenor sells 20% in Sonae mall specialist for €255m

Britain's private Grosvenor Group is further reducing exposure to retail, selling a 20% stake in Portugal-based mall specialist Sonae Sierra for €255m to its listed Sonae SGPS founder, (...)

Retail 11/06/2018

German ECE said set to re-enter Spain with €450-€500m three-centre mall portfolio

Hamburg-based shopping centre giant ECE is close to re-entering the Spanish market with the purchase of three malls in regional cities for between €450m and €500m, (...)