Santander was once again at the centre of the major real estate deals of the week when it was announced on Friday that Sun Capital Partners is to buy 1,200 retail branches from the Spanish bank for EUR 2 bn. A week earlier Santander sold 10 office buildings for EUR 458 mln to Grupo Pontegadea, retail entrepreneur Armancio Ortega's investment vehicle.
Santander was once again at the centre of the major real estate deals of the week when it was announced on Friday that Sun Capital Partners is to buy 1,200 retail branches from the Spanish bank for EUR 2 bn. A week earlier Santander sold 10 office buildings for EUR 458 mln to Grupo Pontegadea, retail entrepreneur Armancio Ortega's investment vehicle.
Top five deals of Week 47 (19-23 November 2007)
1. Santander
2. Telereal to snap up EUR 1bn RBS portfolio
3. Dynamique buys 19 Bonsai Hotels (no price given)
4. Fonciere des Murs subsidiary to acquire 6 hotels in Italy for EUR 128m
5) Europa Capital shops in Oslo and Birmingham
Click on the link for details
