CG Capital Europe has successfully closed the Sale of a Retail Box in Alicante.

CG Capital Europe has acted as the Exclusive Financial and Real Estate Advisor to the Owner of the Asset, a reputable private family office, on the successful structuring and execution of the sale of a Retail Box located in Alicante, a city increasingly positioned as a major Mediterranean Economic Hub.

The Asset is leased on a long-term basis to Decathlon, a leading international sporting goods retailer and a flagship brand of the Mulliez Group, owned by one of the French wealthiest families.

The Asset comprises two adjacent plots. Decathlon occupies a 6,000 sq.m. retail box with 151 parking spaces. The adjacent plot will be developed by the Purchaser with four additional retail boxes, totaling 1,200 sq.m. GLA and 235 parking spaces.

CG Capital Europe, leveraging its extensive international network of contacts, successfully closed this Relevant Transaction with a Leading European Real Estate Investment Group.

CG Capital Europe, as the exclusive financial and real estate advisor of the transaction, has run the entire structuring and execution of the optimal process, contacting investors with different profiles, designing an optimal professional process, finding the most adequate Buyer and optimizing the deal’s conditions.

This Transaction represents another example of CG Capital Europe’s highly successful track record, value-add services and its deep knowledge of real estate & corporate finance markets, having executed since 2012 some of the most relevant investment sale and financing transactions in the Iberian market, positioning the firm as one of the top strategic capital advisors in Southern Europe.