Largest transaction in the real estate market is signed in Europe
16 September 2008Registration in long-term rent of headquarters of bank Banco Santander (Madrid, Spain) has taken 1,9 billion euro from company Propinvest. For such scale operation it was necessary to borrow means from banks Royal Bank of Scotland, HSH Nordbank and Bayern LB.
Total area of the complex leased for 40 years, makes 175 thousand square meters. About 9 thousand people work in this office.
Banco Santander SA enters into the five largest banks of the world on volume of market capitalization. The bank totals nearby 10 thousand branches and 65 million clients all over the world.
