US EditionSpain: Ohla and Mohari Formalize Agreement for the Division of the Canalejas Complex in Madrid
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OHLA and Mohari split Centro Canalejas: construction company takes car park, shopping centre and €45 million debt, Israeli fund gets Four Seasons Hotel
The Corner Intermoney | The company (Buy, PO €0.7) announced on Friday after the market closed an agreement with Mohari to share the assets and liabilities of the Canalejas Centre. The construction company will retain the car park and shopping centre, along with an associated debt of €45 million, while Mohari, the investment platform of Israeli businessman Mark Scheinberg, will take over the Four Seasons Hotel. The centre as a whole had...
The final agreement between the two companies redefines the ownership of the emblematic complex, clarifies its corporate structure and lays the foundation for strengthening it.
Ohla and Mohari Hospitality have formalized an agreement for the asset division of the Canalejas complex in Madrid, one of the most iconic real estate projects in the capital's city center. The agreement follows the preliminary agreement reached in recent months and establishes the complex's ownership and financial structure. According to Ohla, the Spanish company will retain ownership of the shopping mall and main parking lot, while also assumi…
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