Sabadell sells Barcelona property for EUR 50m

By A staff reporter 2010-06-28T00:00:00

Spanish banking group Sabadell has reached an agreement with clothing retailer Mango on the sale of a mixed-use asset located in Barcelona on the Paseo de Gracia high street. The transaction price amounts to over EUR 50 mln, representing a capital gain of EUR 30 mln for the financial institution.

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