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David Reuben

January 16, 2019

Reuben Brothers’ bid for Santander headquarters backed by Spanish court, historic Ascott Raffles Place sold to Singaporean property tycoon, wealthy populations in emerging nations on track for fastest growth.

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.

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