Benson Elliot partners with Bank Sabadell in Barcelona

Benson Elliot is teaming up with local lender Banco Sabadell to put a EUR 80 mln landmark project in Barcelona back on track. The European private equity real estate firm said it has signed an agreement to forward purchase Antic Cami de Valencia, a three-building, 20,000 m[sup]2[/sup] office complex which is expected to be the city's only major office delivery in 2012/2013.

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