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Slim's firm buys over $560 mn in real estate
Photo Credit: YURI CORTEZ, Getty Images

Slim's firm buys over $560 mn in real estate

Dec 19 2012, 1:04am CST | by

Barcelona, Dec 19 (IANS/EFE) The Spanish unit of real estate group Carso, which is owned by Mexican billionaire Carlos Slim, purchased 439 properties for $563.7 million from Spain's CaixaBank, the Spanish financial institution said in a filing with stock market regulator CNMV Tuesday.

Barcelona, Dec 19 (IANS/EFE) The Spanish unit of real estate group Carso, which is owned by Mexican billionaire Carlos Slim, purchased 439 properties for $563.7 million from Spain's CaixaBank, the...

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1 year ago

Slim's firm buys over $560 mn in real estate

Dec 19 2012, 1:04am CST | by

Barcelona, Dec 19 (IANS/EFE) The Spanish unit of real estate group Carso, which is owned by Mexican billionaire Carlos Slim, purchased 439 properties for $563.7 million from Spain's CaixaBank, the Spanish financial institution said in a filing with stock market regulator CNMV Tuesday.

Barcelona, Dec 19 (IANS/EFE) The Spanish unit of real estate group Carso, which is owned by Mexican billionaire Carlos Slim, purchased 439 properties for $563.7 million from Spain's CaixaBank, the Spanish financial institution said in a filing with stock market regulator CNMV Tuesday.

CaixaBank signed long-term leases, with purchase options, with the buyer for the buildings, which house bank branches.

The financial institution expects to book a gain on the deal.

The buyer, Inmobiliaria Carso, is a unit of Grupo Carso, one of the largest conglomerates in Latin America.

Grupo Carso has interests in the industrial, retail, infrastructure, construction and automotive sectors.

Grupo Carso is owned by Slim, who is ranked by Forbes magazine as the world's richest person.

Slim, a shareholder in CaixaBank, controls, among other companies, telecom giant Telmex.

--IANS/EFE

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1 week ago

Mexico City to host F1 race for first time in over 20 years

Jul 24 2014 9:14am CDT | Source: Autoblog

Filed under: Motorsports Formula One racing in North America has come a long way in the last few years. Having been absent from the calendar from 1992 through 1998 and again from 2008 through 2011 (when American racing fans could only catch the Canadian Grand Prix up in Montreal), the United States Grand Prix is now a regular fixture on the calendar at the Circuit of the Americas in Austin, TX. There's even a second race in the works for the New York ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
2

1 week ago

Mexico City to host F1 race for first time in over 20 years

Jul 24 2014 9:10am CDT | Source: Autoblog

Filed under: Motorsports Formula One racing in North America has come a long way in the last few years. Having been absent from the calendar from 1992 through 1998 and again from 2008 through 2011 (when American racing fans could only catch the Canadian Grand Prix up in Montreal), the United States Grand Prix is now a regular fixture on the calendar at the Circuit of the Americas in Austin, TX. There's even a second race in th ...
Source: Autoblog   Full article at: Autoblog
 

 

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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