Mercadona sells 27 stores for €180million to LCN through sale-leaseback transaction

Spanish supermarket and online retailer Mercadona has sold 27 supermarkets to LCN Capital Partners’ European Fund III in a sale-leaseback. This transaction ensures the continued occupation and operation of the stores by Mercadona through a long-term lease agreement with LCN Capital Partners. The 27 properties are located across Spain, with…