Overview
- The 42,044 m² parcel at Cerviño and Bullrich in Palermo, currently occupied by the Portal Palermo complex with Jumbo and Easy, is being put to auction.
- The AABE will run the sale on the SUBAST.AR platform following publication of the call in the Boletín Oficial.
- Participants must post a US$1.2 million performance guarantee and complete pre-registration to obtain the auction pliego.
- An agreement gives Cencosud a 24‑month window to vacate the site starting December 1, 2024, requiring departure by December 2026.
- The quincho and family dining area of Regimiento de Infantería 1 “Patricios” is excluded from the transfer, and a separate Pinamar lot will be auctioned online on September 29 with a US$3.86 million base price.