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General

Telefonica Chile looking to raise USD 100 mln with real estate sale

Friday 23 August 2019 | 10:43 CET | News

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Telefonica's Movistar Chile subsidiary is putting its Santiago headquarters up for sale as part of an ongoing review of non-strategic assets, reports local business daily Diario Financiero. The operator's Chilean headquarters occupies an iconic building located in the central Plaza Italia as well as two adjacent buildings on Avenida Providencia and Bustamante in Santiago, with the company looking to raise some USD 100 million from the sale of 34,000 square meters of space, said the report.

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Categories: General
Companies: Movistar Chile / Telefonica
Countries: Chile
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