Santander generates 85m euros from sale of Madrid buildings

Banco Santander has generated a gross capital gain of approximately 85m euros from the sale of a group of buildings in Madrid, according to a statement issued by the bank on Friday morning.

Banco Santander has generated a gross capital gain of approximately 85m euros from the sale of a group of buildings in Madrid, according to a statement issued by the bank on Friday morning.

The buildings, known collectively as the Canajelas Complex, include calle Alcal No.s 6, 8, 10, 12, 14, Carrera de San Jernimo No.7 (formerly No.9) and Plaza de Canalejas No. 1.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.