Linklaters and West Oak Partners advise on Intu Properties’ sale of 50% of Xanadú shopping centre for over €400m

Linklaters and West Oak Partners have advised Intu Properties on the sale of 50% of the Xanadú shopping centre to RIVOLI Asset Management and Santander Private Banking Real Estate Advisory (SPREA) in a transaction valued at over €400 million.

This deal marks the final step in the winding up of Intu’s shopping centre business in Spain.

Linklaters team has been led by Adolfo Guerrero, with support from Santiago Alfonsetti, Gabriel García Antunes, and Carlos Gil Mesino, as well as colleagues from the tax and banking practices.

West Oak Partners team was formed by managing partner Alvaro Bruzon.