Spanish lender BBVA is seeking to divest 92 vacant commercial properties across Spain in an auction process to be completed later this month. The bank hopes to fetch a minimum of EUR 63 mln from the sale of the portfolio, which comprises office and retail properties in Andalucía, Aragón, Baleares, Canarias, Cantabria, Castilla y León, Cataluña, Extremadura, Galicia, Madrid, País Vasco and Comunidad Valenciana. A total of 40 assets are located in Madrid and Barcelona.
Premium subscriber content – please log in to read more or take a free trial.
