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Savills: Spanish investment volume records 10pct year-on-year rise

Posted on 18 February 2013

Savills latest Spanish research report shows that a fourth quarter pick-up in activity in Spain’s commercial property market resulted in a 10% year-on-year rise in investment volume in 2012, to €2.1 billion.
However, the international real estate advisor highlights that 50% of this year-end total is accounted for by three individual transactions, namely the sale of Torre Picasso for €400 million, the purchase of the Canalejas complex, Banco Santander’s headquarters in Madrid, by Villar Mir group for €215 million and the purchase of the 439 CaixaBank bank branches………………………………………..Full Article: Source


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