PropertyEU

Santander plans EUR 584m reverse sale-and-leaseback: report

By A staff reporter 2010-09-24T00:00:00

Spanish banking giant Santander intends to buy £500 mln (EUR 584 mln) of properties it uses in the UK, according to a report in Property Week. The publication said Santander is close to agreeing the purchase of hundreds of offices and bank branches owned by London-listed outsourcing specialist Mapeley.

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