PropertyEU

Grosvenor and Santander trade first Spanish property derivative

By A staff reporter 2008-07-25T00:00:00

Privately owned UK property group Grosvenor and Spanish lender Santander said they have carried out the first property derivative transaction in Spain. The total return swap has a maturity of two years and was based on Investment Property Databank's (IPD) main Spanish property index. Other details of the transaction, including ...

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