Spanish bank Caixa Catalunya has sold 146 bank branches and office buildings across Spain to a number of investors including family-owned investment groups. The bank will lease the assets back for a rental term of 20 years, and retains an option to buy back the assets after this period. Caixa Catalunya said it is making a profit of some EUR 54 mln on the deal, which totals EUR 183 mln.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
