December 25, 2014 5:16 PM ET

Real Estate Management and Development

Company Overview of Metrovacesa, S.A.

Company Overview

Metrovacesa, S.A., a property company, is primarily engaged in renting, promoting, trading, and managing office buildings, shopping centers, and hotels in Europe. Its office property portfolio comprises 31 operating assets with approximately 500,000 square meters of leasable surface area in Spain; Walbrook Square project in the United Kingdom; and 1 property in Frankfurt. The company also operates and leases 8 shopping centers with approximately 315,000 square meters of gross rentable area; and 13 hotels, as well as manages car parks directly. In addition, it buys and develops land, as well as designs and manages construction and marketing of homes. The company was formerly known as Inmobili...

Building 1

Parque Empresarial Metrovacesa Vía North Road

Calle Quintanavides

nº 13

Madrid,  28050

Spain

Phone:

34 902 40 04 50

Key Executives for Metrovacesa, S.A.

Chief Executive Officer and Managing Director
Chairman of The Board
Age: 57
Head of Finance
Head of Building & Mainteinance
Head of the Property Area
Compensation as of Fiscal Year 2014.

Metrovacesa, S.A. Key Developments

Bankia To Reportedly Hire Advisor For Stake Sale In Metrovacesa

Bankia, S.A. (CATS:BKIA) is planning to hire a financial consultancy firm to accelerate the sale of a 19.07% stake in Metrovacesa, S.A. The transaction will not be carried out via an accelerated bookbuilding as Bankia has done with other subsidiaries, Expansion quoted unnamed sources as saying.

Metrovacesa Receives Offers For Gecina

Two funds have put in non-binding offers to acquire 26.7% stake in Gecina SA (ENXTPA:GFC) from Metrovacesa, S.A., Expansion newspaper reported. Blackstar Group SE (AIM:BLCK) and a Canadian pension fund put in an offer by a deadline on November 8, 2013, as did Predica Prevoyance Dialogue du Credit Agricole S.A. along with Orion. Metrovacesa's public relations company Report Comunicacion said the company did not have an official response to the report. No one at Blackstone and Predica was immediately available for comment.

Metrovacesa Mulls Stake Sake Of Gecina

Metrovacesa, S.A. is seeking to sell its 26.76% stake in Gecina SA (ENXTPA:GFC). Metrovacesa said that it had begun a strategic review of its stake in Gecina which could eventually lead to a sale of this stake." Gecina has a market capitalization of €5.58 billion, giving the stake a current valuation of €1.49 billion. Also, Gecina said it had taken note of Metrovacesa's decision, and that its board of directors will study the new situation.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 5, 2014
--
Merger/Acquisition
June 6, 2014
Gecina SA
 

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