Inmobiliaria Mall Vina Del Mar S.A. acquired Mall del Centro Concepción from Ripley Corp S.A. (SNSE:RIPLEY) for approximately €180 million on August 15, 2019. The consideration has been financed mainly with debt of CLP 150 billion (€190.5 million). The amount from this sale will be used to support the develop of the Ripley's operations in Chile and Peru and to strengthen the capital structure of the Ripley. Alberto Rencoret, Gonzalo Rencoret of Urenda, Rencoret, Orrego y Dörr acted as legal advisor for inmobiliaria Mall Viña del Mar S.A and Juan Pablo Matus of Cariola, Díez, Pérez-Cotapos SpA acted as legal advisor for Ripley Corp S.A. Inmobiliaria Mall Vina Del Mar S.A. acquired Mall del Centro Concepción from Ripley Corp S.A. (SNSE:RIPLEY) on August 15, 2019.