Sale of Shopping Mall "Paseo Carmelitas" to BYSPANIA, a Spanish Investor

The “Paseo Carmelitas” shopping center is one of the most emblematic shopping centers of Asunción, with a focus on night entertainment The transaction consists in the sale of the shopping mall “Paseo Carmelitas” to BYSPANIA (Gestión Carmelitas S.A.), a Spanish investor, including the sale of rental contracts and the brand “Paseo Carmelitas” Alpax acted as the exclusive financial advisor to the shareholders of Paseo Carmelitas