The sale by Swedish financial group SEB of its German retail banking activities to Spain's Banco Santander for EUR 555 mln will not affect its commercial real estate activities, a spokeswoman for the Stockholm-headquartered group said on Monday. SEB's real estate activities fall under the merchant banking division which will remain a core business, she added.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
