Spanish Bank Agrees to 1.9B Euro SLB

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February 19, 2008

Spanish Bank Agrees to 1.9B Euro SLB

By Michelle Napoli

Banco Santander agreed to sell its Madrid headquarters for 1.9 billion euros, or approximately US$2.79 billion, in a sale-leaseback with a consortium led by London-based real estate investor Propinvest.

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