Re: Re: Santander will “price to sell” its real estate portfolio

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Santander will sell or hold onto it’s portfolio of real estate until such time as there are benefits for their shareholders.
Perhaps they are expecting some tax breaks or subsidy from the next government before they act? Maybe it has something to do with massaging financial statements so that this year’s bonuses will be healthy – but bankers wouldn’t do that now would they? Santander still promote themselves on Formula 1 racing cars, which does not come cheap, so perhaps things are not too bad in the bank after all.