PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Spain's Metrovacesa sheds German assets
Madrid listed real estate firm Metrovacesa has begun divesting its two properties in Germany by selling an office building in Düsseldorf for E184m to an undisclosed buyer, while seeking buyers for its Access Tower in Frankfurt. The sale of the 43,400 sq.m. Düsseldorf asset covers the E167m debt associated with the property and reflects a E6.8m loss for Metrovacesa.