C
asino Group has completed the sale of 26 commercial real estate assets to Tikehau Capital for over €200m, excluding earn-outs. This transaction is part of an agreement signed in June 2024 covering a portfolio of 30 assets. The remaining properties will be sold within weeks, subject to certain conditions being met.

    The portfolio comprises hypermarket and supermarket premises leased to major retailers, as well as ancillary lots with potential for development. Tikehau Capital has entrusted Casino Group with property management for five years.

    The sale's net proceeds will be used to reduce Casino Group's financial debt to Quatrim bondholders, in line with current documentation. This will enable the repayment of around €206m to bondholders in the coming days.