Spain's Sacyr sells Miami office building
MADRID, April 16
MADRID, April 16 (Reuters) - Testa, the property arm of Spanish construction company Sacyr Vallehermoso, has sold an office block in the United States, booking capital gains of around 50 million euros ($65.4 million).
Testa sold the building in Miami for 184 million euros, the company said in a statement to Spain's stock market regulator on Monday night, to make a pretax profit of around 65 million euros.
The property was worth 3.6 percent of Testa's total assets at end-2012.