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Karlin Picks Up Retail Assets in Spain and Portugal

LONDON—The portfolio of six retail properties is the first outside of the UK for Los Angeles-based investor since entering the European market last year.

By David Phillips | Updated on October 01, 2014

LONDON—Los Angeles-based Karlin Real Estate has acquired in an all cash transaction, a 247,000-sf portfolio of retail properties located in Spain and Portugal from Redevco, the family office behind Dutch retailer C&A.

The centerpiece of the portfolio is a four-story 68,800 sf retail building located on Rua de Santa Catarina 71-73 in Porto Portugal, according to Karlin Asset Management CEO David Cohen. The building is fully leased to C&A and French retailer FNAC.  

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