Santander’s private banking company presses the accelerator and will buy Ballonti, its third shopping center in months

Santander is about to acquire its third commercial center in a few months from the funds of its private banking clients. The division known as Sprea (Santander Private Banking Advisory) is about to close the acquisition to the Herbert fund of Ballonti shopping center, in Portugalete and one of the most relevant in Vizcaya, reveals sources of the real estate market. In the operation, the bank presided over by Ana Botín is again allied with the ma…