PropertyEU

Spanish pension fund acquires three bank properties for EUR 63m

By A staff reporter 2008-12-18T00:00:00

The employee pension fund of Spain's savings bank Caja de Ahorros del Mediterraneo (CAM) has acquired three office buildings from the bank for EUR 63 mln. The assets are located in Alicante, Valencia and Barcelona, and have been leased back to CAM for a period of 20 years with an ...

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