PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Top Spanish banks set to take 66% of Metrovacesa
Top Spanish banks are set to take an additional 10% stake in Spain's largest listed property group, the struggling Metrovacesa, bringing holdings to 66% and clearing the way for the appointment of new management to tackle the firms's financing problems. Santander, BBVA, Banesto, Popular, Sabadell and savings bank Caja Madrid will add a further 10% to the 54.7% previously announced to assume from the major shareholding Sanahuja family