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Principal acquires supermarket in Setubal for €10.2 m

Principal Real Estate has acquired a supermarket in Lisbon for €10.2 million for the Principal Eurozone Durable Income Fund (PEDIF).

Located in Setubal to the south of Lisbon, the 2,700 sq m supermarket is let on a long-term 15-year lease to Continente, which is part of Portugal’s leading food re...

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Photos: Principal