{"id":1359,"date":"2009-12-28T00:00:00","date_gmt":"2009-12-27T23:00:00","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/press_releases\/ferrovial-arranges-40-million-euros-leaseback-on-its-corporate-headquarters\/"},"modified":"2022-12-21T12:18:41","modified_gmt":"2022-12-21T11:18:41","slug":"ferrovial-arranges-40-million-euros-leaseback-on-its-corporate-headquarters","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en\/press-releases\/ferrovial-arranges-40-million-euros-leaseback-on-its-corporate-headquarters\/","title":{"rendered":"Ferrovial arranges 40 million euros leaseback on its corporate headquarters"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <ul>\n<li>The company will remain as tenant in the building for the next twelve years, with an option on another ten years.<\/li>\n<\/ul>\n<p>Ferrovial today signed a sale-and-leaseback agreement on its corporate headquarters building with a Spanish property investor. The deal amounts to 40 million euros.<\/p>\n<p>Ferrovial will remain as a tenant for twelve years, with an option on two 5-year extensions. Ferrovial also has the right of first refusal if the buyer decides to sell the building in the future. Today&#8217;s agreement culminates a process that commenced in September when Ferrovial mandated a property manager to explore the market.<\/p>\n<p>&#8220;We are satisfied with the deal since, given current market conditions, it enables us to take a profit on our headquarters in a transaction that is beneficial to both parties. We will continue to occupy the building and have options to repurchase it in the future,&#8221; said Alvaro Ech\u00e1niz, General Manager of Ferrovial Inmobiliaria.<\/p>\n<p>Ferrovial&#8217;s headquarters is located in Madrid at Calle Pr\u00edncipe de Vergara, 135. The 8,549 square meter building was inaugurated in 1989; it has seven floors above grade and two basement car parks with space for 100 cars.<\/p>\n<p>The sale is aimed at optimizing Ferrovial&#8217;s cash flow by raising funds for investment in new business opportunities.<\/p>\n<h3>FERROVIAL<\/h3>\n<p>Ferrovial is one of the world&#8217;s leading infrastructure groups, with over 100,000 employees in 49 countries and operations in a range of complementary sectors including construction, airport and toll road management and maintenance, and municipal services. The company owns two of the top privatelyowned transportation assets in the world: Heathrow airport, in London, and 407 ETR, in Toronto. Over 60% of Ferrovial&#8217;s revenues are obtained outside Spain, fundamentally in OECD countries. The company, which is listed on the Madrid Stock Exchange, is a member of the Dow Jones Sustainability Indices and the FTSE4Good index.<\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[1178,1101,2251,1856,1137,1149,1175],"nivel-5":[1903],"nivel-1":[],"nivel-3":[1321],"nivel-4":[],"class_list":["post-1359","press_release","type-press_release","status-publish","hentry","nivel-2-company-structure","nivel-2-contracts","nivel-2-corporate","nivel-2-disinvestment","nivel-2-facilities","nivel-2-infrastructures","nivel-2-offices","nivel-5-ferrovial-en","nivel-3-spain"],"acf":[],"yoast_head":"<title>Ferrovial arranges 40 million euros leaseback on its corporate headquarters Ferrovial<\/title>\n<meta name=\"description\" content=\"Sala de prensa Ferrovial | \u00daltimas noticias\" \/>\n<meta name=\"robots\" content=\"index, follow, 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