Transaction / Assets Liberbank's HQSeller LiberbankBuyer na€ MM 45.3
Liberbank Sells its HQ on the Outskirts of Madrid for €45.3M
1 March 2019 – El Confidencial
Last year, Liberbank sold its headquarters in Madrid for €45.3 million under a sale and leaseback arrangement, generating gains of €23.4 million. The bank will continue to occupy the property, located in the Fuente de la Mora area of the Spanish capital, on a rental basis.
Liberbank acquired the building from Sareb in 2015. The identity of the purchaser has not been revealed.
Original story: El Confidencial
Summary translation by: Carmel Drake