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Spain's Ferrovial mulls sale and leaseback of HQ
MADRID, Sept 29 |
MADRID, Sept 29 (Reuters) - Spanish construction-to-services group Ferrovial (FER.MC) said on Tuesday it had received various offers for its Madrid headquarters on a sale and leaseback arrangement.
The firm was considering the offers for the headquarters in Principe de Vergara, said a spokesman.
"Our core business is not property," he said.
A source close to the deal said Ferrovial wanted about 43 million euros for the building.
A number of Spanish companies, including banks Santander (SAN.MC), BBVA (BBVA.MC) and Pastor (PAS.MC), have sold buildings to raise liquidity, leasing them from the buyer. (Reporting by Andres Gonzalez, writing by Sarah Morris)
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