Merlin Properties acquires Blackstone's Almada Fórum for €406.7 million

Merlin Properties has completed the acquisition of Almada Fórum from Blacksone for €406.7 million. The deal, which was fully financed through Merlin’s equity, values the entire Rio Tejo portfolio at over €900 million, thus making it the largest-ever portfolio transaction in the country. The portfolio originally comprised three shopping centres…