Santander was once again at the centre of the major real estate deals of the week when it was announced on Friday that Sun Capital Partners is to buy 1,200 retail branches from the Spanish bank for EUR 2 bn. A week earlier Santander sold 10 office buildings for EUR 458 mln to Grupo Pontegadea, retail entrepreneur Armancio Ortega's investment vehicle.
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.
