The US real estate giant Realty Income $O (-0.57%) is expanding its Spanish portfolio by acquiring six Carrefour hypermarkets for around EUR 100 million.
The supermarkets are located in Dos Hermanas (Seville), Orense, Torrelavega (Cantabria), Almería, in the Las Arenas shopping center in Las Palmas de Gran Canaria and in Palma de Mallorca. Carrefour will continue to operate the stores.
According to the Spanish daily newspaper Cinco Dias, this deal underlines investors' interest in supermarket and hypermarket real estate, which are considered resilient assets.
