Financials
February 1, 2018 / 9:09 AM / a year ago

BRIEF-BBVA sees losses in Spanish real estate unit of below 100 mln euros in 2018

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Feb 1 (Reuters) - Spain’s BBVA chief financial officer Jaime Saenz de Tejada:

* SAYS SEES NET LOSSES IN NON-CORE REAL ESTATE UNIT IN SPAIN OF BELOW 100 MILLION EUROS ($124.3 million) IN 2018 AFTER IT SOLD MOST OF ITS REAL ESTATE BUSINESS TO CERBERUS FOR 4 BLN IN 2017 Source text for Eikon: Further company coverage: ($1 = 0.8044 euros) (Reporting By JesĂşs Aguado)

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