Spanish property giant Metrovacesa and JP Morgan are offering more than EUR 1.7 bn for Banco Santander's Boadilla del Monte headquarters, newspaper El Economista reported, citing unnamed sector sources. The newspaper added that Santander could book EUR 1 bn in capital gains from the operation, which is set to be closed by 20 December.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
