Sonae and Norges Bank form JV for Spanish malls.
The JV will acquire eight Spanish shopping centres worth about EUR 1.5 billion. Sonae Sierra will manage the portfolio and acquire the S.C.C.E. platform. The transaction awaits regulatory approval.
See the latest news and media coverage for Sonae. We track all announcements, press releases, and industry mentions in real time, all in one place.
Diversified multinational holding company
sonae.ptLast updated
In short: Sonae posted strong H1 2026 results and formed a €1.5bn joint venture with Norges Bank to acquire eight shopping centers in Spain.
The JV will acquire eight Spanish shopping centres worth about EUR 1.5 billion. Sonae Sierra will manage the portfolio and acquire the S.C.C.E. platform. The transaction awaits regulatory approval.
Building on momentum, reinforcing portfolio strength across businesses, with turnover up 6% to €2.9bn.
Underlying EBITDA rose 13%, net result increased 20.5%, and investment reached €516m.
Selected from nearly 5,000 companies for TIME and Statista's ranking, highlighting long-standing commitment.
Investment house writes that 'after a strong performance in 2025, the first half of 2026 began with another positive evolution' and maintains...
Sonae delivered robust Q1 2026 results, with consolidated turnover up 7.1% YoY to EUR 2.7 billion and underlying EBITDA rising 17% YoY. MC, Worten, and...
Sonae Sierra, through the Hahn Sierra Food Retail Fonds fund, has acquired a portfolio of nine Mercadona supermarkets located in various regions of Spain. The...
With the acquisition of the portfolio from the Balkany family, in partnership with Norges Bank, and of a Spanish asset manager with 130 workers, Sierra...
Track Sonae and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Sonae and other trending companies.