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L&R To Buy FCC’s Spanish HQs For €70M

London & Regional Properties is in talks to buy the headquarters of Spanish construction group FCC in Barcelona and Madrid.

London & Regional Properties is in talks to buy the headquarters of Spanish construction group FCC in Barcelona and Madrid, PropertyEU reports. The sale-and-leaseback deal is said to be worth €60-70 million.

The private investment company of U.K. billionaire brothers Richard Livingstone and IanLivingstone is expected to remain as occupier of the properties on a 20-year lease. The buyer is being advised by BBVA on the deal.

Click here for the story from PropertyEU.



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