Reuben Brothers’ bid for Santander headquarters backed by Spanish court
UK billionaire brothers David and Simon Reuben have won a tender for Banco Santander’s headquarters near Madrid with an offer of $325 million after a Spanish court ruled in their favour.
The privately-owned Reuben Brothers Resources Group beat a rival bid by Santander, which pays millions of euros in monthly rent for the 250 hectare plot whose nine buildings include offices, restaurants and a residence for its employees.