Parque Arauco sells 49% of its portfolio of Arauco Premium Outlets in Chile
SANTIAGO, Chile, October 11, 2024--Parque Arauco S.A. announced the closing of a transaction to sell 49% of the company Todo Arauco SpA — which owns Arauco Premium Outlets Buenaventura, Curauma, Coquimbo, and San Pedro de la Paz — to Administradora de Fondos de Pensiones Habitat S.A., on behalf of its funds A, B, C, D, and E. This transaction values the assets at UF 4.25 million (approximately US$173 million), resulting in a total equity valuation of UF 1.82 million (approximately US$74 million)