MADRID – Spain’s Caixabank has employed actual property agency CBRE to promote its headquarters in downtown Madrid after it moved half its operations to a tower it purchased from rival Bankia final 12 months, a supply with information of the matter stated.
The supply didn't present any element concerning the potential worth of the deal although native newspaper Enlargement stated the constructing may very well be price between 230 million ($246.7 million) and 250 million euros.
The method to start out receiving non-binding affords would begin on Thursday. “The purpose is to finalise a deal round August,” the supply stated.
Caixabank declined to remark, whereas CBRE was not instantly obtainable.
The sale follows the lender’s acquisition of Bankia, which was primarily based in an even bigger and newer constructing within the north of Madrid on La Castellana avenue that has develop into a landmark.
($1 = 0.9324 euros)
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