{"id":12866,"date":"2019-08-10T13:13:01","date_gmt":"2019-08-10T13:13:01","guid":{"rendered":"https:\/\/www.pmcg.pt\/?p=12866"},"modified":"2020-03-12T18:02:12","modified_gmt":"2020-03-12T18:02:12","slug":"doce-vita-insolvent-portuguese-shopping-centres-up-for-sale","status":"publish","type":"post","link":"https:\/\/www.pmcg.pt\/en\/doce-vita-insolvent-portuguese-shopping-centres-up-for-sale\/","title":{"rendered":"Doce Vita &#8211; Insolvent Portuguese shopping centres up for sale"},"content":{"rendered":"<table width=\"100%\">\n<tbody>\n<tr>\n<td>\n<h2 style=\"text-align: left;\"><span style=\"color: #003366;\"><strong>Insolvent Portuguese shopping centres up for sale<\/strong><\/span><\/h2>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: left;\"><span style=\"color: #003366;\"><a style=\"color: #003366;\" href=\"https:\/\/www.insol-europe.org\/mailer\/l\/O7S9vVtdHZhKOylTYikmTA\/mQrL6763ifJ6UCF6R34ybwSw\/wGGBZ2Kaz4f0SdAZWuWuAQ\"><em>Portugal Resident<\/em><\/a> has reported that three insolvent shopping centres in Portugal have been put up for sale, with a total asking price of \u20ac15 million. The decision has arisen following pressure from the Spanish bank Abanca, which is the largest creditor of the ailing sites&#8217; owners and filed the original petition for the insolvency of the shopping centres.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #003366;\">It is understood that Abanca hopes to use their sale to recoup some of the \u20ac50 million it has invested in the sites, and has agreed to a lower sale price than they are currently worth to facilitate this process.\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #003366;\">Dolce Vita Ovar is estimated to be worth \u20ac15 million on its own, but has an asking price of only \u20ac8.3 million. Similarly, Dolce Vita Miraflores is being put on the market for \u20ac5.4 million, and Dolce Vita Central Park&#8217;s price is set at \u20ac1.4 million.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insolvent Portuguese shopping centres up for sale Portugal Resident has reported that three insolvent shopping centres in Portugal have been put&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12811,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[220,219,243],"tags":[],"class_list":{"0":"post-12866","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corporate-law","8":"category-insolvency","9":"category-real-estate"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Doce Vita - Insolvent Portuguese shopping centres up for sale - PMCG - Sociedade de Advogados SP RL<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pmcg.pt\/en\/doce-vita-insolvent-portuguese-shopping-centres-up-for-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Doce Vita - Insolvent Portuguese shopping centres up for sale - PMCG - Sociedade de Advogados SP RL\" \/>\n<meta property=\"og:description\" content=\"Insolvent Portuguese shopping centres up for sale Portugal Resident has reported that three insolvent shopping centres in Portugal have been put...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pmcg.pt\/en\/doce-vita-insolvent-portuguese-shopping-centres-up-for-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"PMCG - Sociedade de Advogados SP RL\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-10T13:13:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-12T18:02:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pmcg.pt\/wp-content\/uploads\/2019\/08\/Insolvency-Synergies-Dooray-Automotive.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"650\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PMCG Advogados\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@pmcgadvogados\" \/>\n<meta name=\"twitter:site\" content=\"@pmcgadvogados\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PMCG Advogados\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.pmcg.pt\/en\/doce-vita-insolvent-portuguese-shopping-centres-up-for-sale\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.pmcg.pt\/en\/doce-vita-insolvent-portuguese-shopping-centres-up-for-sale\/\"},\"author\":{\"name\":\"PMCG Advogados\",\"@id\":\"https:\/\/www.pmcg.pt\/en\/#\/schema\/person\/6cb2a85f2e086165695af9e5bf9053d3\"},\"headline\":\"Doce Vita &#8211; 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