trending Market Intelligence /marketintelligence/en/news-insights/trending/zozp5lji0zkmffcqtaaxaq2 content esgSubNav
In This List

Groupe Casino to sell Monoprix real estate assets for €180M

Blog

Perspectivas América Latina 2023 Emerging Trends & Growth

Blog

Insight Weekly: SVB fallout limited; US rents up; renewable natural gas investments flow in

Blog

Bank failures: The importance of liquidity and funding data

Blog

A Cloud Migration Plan for Corporations featuring Snowflake®


Groupe Casino to sell Monoprix real estate assets for €180M

French supermarket chain Casino Guichard-Perrachon Société Anonyme said Oct. 18 that it signed an agreement with SGAM AG2R La Mondiale to sell 14 real estate assets from its Monoprix portfolio for a net amount of €180 million.

According to the release, the asset generates an annual rent of €8.6 million. Casino expects to receive the proceeds from the transactions on or before January 2019.

This follows the retailer's recent agreement with an undisclosed institutional investor to sell 55 Monoprix real estate assets for €565 million.