Advisor CBRE has submitted the takeover of Spanish property company Testa by its local peer Merlin as a candidate for PropertyEU's Deal of the Decade Awards.
The €4.2 bn deal was the biggest corporate real estate transaction in Spain's history, the advisor said.
'The deal was completed in less than four weeks and helped to consolidate the Spanish listed REIT market in Europe as well as helping the Merlin REIT consolidate itself as the biggest player in the Spanish market,' CBRE said in its motivation.
In total PropertyEU has now collected over 80 submissions for our Deal of the Decade Awards. In the coming weeks, our project team will be drawing up a shortlist for the different categories ahead of a readers’ vote in the autumn. There will also be a formal jury vote. The Deal of the Decade Awards will be presented during a ceremony in Amsterdam in December.
Do you have a deal that you would like to submit for the Deal of the Decade Awards? For more information, go to: propertyeu.info/content/awards or mail irina@propertyeu.info
