Caja Madrid sells and leases back Spanish portfolio

By A staff reporter 2011-03-18T00:00:00

Bankia, the Spanish savings banks conglomerate that was formed in December 2010, has completed the sale and leaseback of a portfolio of eight Caja Madrid office properties to a partnership of Drago Capital and Grupo Atitlan. The transaction price amounts to around EUR 22 mln.

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