Cortefiel Seeking 220 Million Euro Sale Leaseback of HQ and Store Portfolio

The Financial Times Limited reports that Private equity firms CVC, Permira and PAI, which last month acquired Spanish fashion retailer Cortefiel, have decided to sell off its property assets, including the group's headquarters, several retail outlets and two plots of land. According to market sources, the total value of the assets stands at some 220m euros. CB Richard Ellis has been selected to co-ordinate the sale and leaseback effort. Sphere: Related Content