1. Santander Central Hispano SA, Spain's biggest bank, may raise 4 billion euros ($5.3 billion) selling real estate assets including the bank's headquarters to fund its banking business, including the ABN Amro Holding acquisition (with Royal Bank of Scotland Group Plc and Fortis against Barclays Plc).
2. It hopes to make a 1.4 billion-euro capital gain selling 44 buildings in Spain, including its new headquarters at Boadilla del Monte outside Madrid.
3. It will lease back the properties that are to be put on sale and will have the option to buy them back in the future.
4. It will go ahead with the sale even if the ABN acquisition doesn't succeed.
No risk, no revenue gain
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