Considered to be the “largest portfolio of supermarkets in Portugal”, valued at around €150 million, this is a portfolio that includes 44 Pingo Doce stores, a Continente, a Mini Preço, a restaurant, a plot of land, a store and a “standalone” asset, located mainly in Porto, Lisbon and the Algarve. The current owner is the German company Trei, belonging to the Tengelmann Group.
According to ECO, the assets in question represent more than eight million euros in annual rents. “Project Amália”, as it is called, has been marketed since April by the consultancy CBRE, being presented to investors as an “opportunity to acquire the best portfolio of supermarkets with the best performance” in the country.
There are, in all, 50 assets, covering a total area of 68,196 square meters (m2). According to the teaser, the seller's goal is to "sell this portfolio through an equity deal."