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Banco Santander

Finance 05/10/2023

Accor successfully places €500m hybrid perpetual bond issue

Accor today successfully placed a €500m perpetual hybrid bond with a 7.25% coupon. "The transaction was oversubscribed by approximately four times, reflecting renewed investor (...)

Logistics 25/04/2023

AtlasEdge secures €725m finance facility

Pan-European Edge data centre provider AtlasEdge has secured a scalable €725m facility underwritten by mandated lead arranger ING Bank, as well as ABN Amro, Crédit (...)

Finance 19/01/2022

Gecina raises a new €500m green bond

Paris-based REIT/SIIC Gecina today successfully placed a new €500m green bond with a maturity of 11 years (due in January 2033) and a coupon of (...)

Listed 10/11/2020

Klépierre places a €600m 2031 bond at a 0.875% coupon

French mall REIT/SIIC Klépierre announced today the successful placement of a €600m bond maturing in February 2031 and paying a coupon of 0.875%. Subscribed more than (...)

Listed 26/10/2020

Gecina successfully raises €400m on the bond market

Gecina has today successfully raised €400m through the matching of the two bond issues, with an average maturity of 10.1 years and an average (...)

Hospitality 10/10/2019

Dutch Student Hotel wins €90m finance for Spain projects, eyeing €200m AUM

Amsterdam-based The Student Hotel has secured €90m in financing to develop two hotels in Madrid and Barcelona, and refinance existing assets as it moves (...)

Office 05/09/2019

Madrid 1H office take-up jumps 25%yy to highest in 12 years

Take-up in Madrid’s office market reached 355,800 sqm in first half 2019, the highest recorded in 12 years and up 24.6% from 1H18, according (...)

Housing 30/08/2019

Blackstone, in selling mode in Spain, puts €200m home loans up for sale

US wealth management giant Blackstone remains in selling mode in Spain, putting up for sale a package of residential mortgage loans worth €200m, part (...)

Listed 26/04/2019

Spain's Merlin completes €1.55bn ESG-indexed refinancing

Spanish REIT/SOCIMI Merlin Properties has completed a refinancing through a €1.55bn ESG-indexed facility which is the largest in the European real estate sector to date. The new (...)

Listed 05/04/2019

Spain's Metrovacesa set to win green light for €260m Madrid refurbishment

Spain's Metrovacesa is set to win the green light to invest €260m in a huge refurbishment in northern Madrid to produce 88,702 sqm of (...)

Housing 28/03/2019

Blackstone said preparing wave of Spanish disposals focused on housing

US-based investment giant Blackstone, which holds real estate in Spain worth some €20bn, is reported to be preparing a wave of disposals, including much (...)

Finance 20/03/2019

Spanish bank Santander launches new firm to exploit €4bn land holdings

Spanish private lender Santander has launched a new firm, Landmark Iberia, clustering €4bn of land holdings and aiming to exploit these via construction projects, (...)

Finance 28/11/2018

Bids for Apollo stake in Spain's Altamira servicer said reaching €1.5bn

The sale of Spain's Altamira servicing firm by US fund Apollo, likely to change hands for around €1.5bn, has attracted Canada's CPPIB, Italy's doBank, Sweden's Intrum, (...)

Housing 06/11/2018

Blackstone wins green light in Spain for €1.33bn Testa resi takeover

US investment giant Blackstone has won the green light from the Spanish regulator to take control of listed housing firm Testa, acquiring the stakes (...)

Housing 17/10/2018

Blackstone, Caixa, Sabadell are Spain's largest rental housing landlords

As real estate investment capital continues to pour into Spain, US investment giant Blackstone has become the nation's largest residential landlord with 32,000 homes, (...)

Finance 25/09/2018

Santander said in €3bn bid for own Madrid HQ; Blackstone stays out

Spain's Banco Santander has bid over €3bn to buy back its own HQ near Madrid in an off-market auction conducted by liquidators of the (...)

Housing 19/09/2018

Spain’s Santander to sell 36k resi portfolio to Cerberus for €1.5bn

Spain's Banco Santander has reached agreement to sell US-based opportunity fund Cerberus a portfolio of 35,700 residential properties for over €1.54bn, representing 55% of (...)

Finance 17/09/2018

Blackstone, Centerbridge said in €3bn bid for Santander’s Madrid HQ

In one of the biggest real estate deals this year in Spain, a consortium led by US funds Blackstone and Centerbridge is reportedly offering over €3bn (...)

Housing 17/09/2018

Blackstone takes control of Spain's Testa less than 2mths after flotation

US-based Blackstone has taken control of Spanish listed housing firm Testa less than two months after flotation, buying 50.01% in an offer for Merlin (...)

Housing 31/07/2018

Spanish rental housing firm Testa lists on MAB without IPO

Testa Residencial has listed on Spain's MAB exchange without an IPO, becoming Spain's largest rental housing REIT/SOCIMI with over 10,000 apartments. It shares rose 1.44% to €14.10 (...)