PropertyEU

Banco Santander sells Madrid head office

By A staff reporter 2008-01-27T00:00:00

Banco Santander, Spain's largest bank, has sold its head office in Madrid to British investor Propinvest for EUR 1.9 bn in a sale-and-leaseback deal. Banco Santander, which acquired ABN Amro Bank last year together with Fortis and Bank of Scotland, will lease the building back for a period of 40 ...

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