A subsidiary of Spanish bank BBVA has acquired the Strand hotel in London for significantly more than the minimum sales price of £110 mln (EUR 122 mln). Property adviser Cushman & Wakefield (C&W), which in October was instructed by receivers at PricewaterhouseCoopers to market the luxury hotel and residential development, said it received 12 bids for the property and selected three for the final round.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
