Spanish bank El Sabadell has reportedly hired a property consultant to organise the sale of half of its 1,250 office-property portfolio across Spain. According to Spanish paper El Pais, the bank is looking to realise capital gains of EUR 600 mln from the disposal. Banco Sabadell hopes to broker a deal on the 600 properties next year.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
