LONDON, Dec 4 (Reuters) - Sabadell on

Wednesday won a London lawsuit against Cerberus Capital

Management over a property deal, being awarded just over 405

million euros ($425.1 million) including interest.

The Spanish bank, which is currently trying to fend off

a hostile takeover bid from BBVA, sued Cerberus at

London's High Court over a deal relating to portfolios of

Spanish real estate assets.

Sabadell alleged Cerberus was liable to pay millions of

euros under investment agreements signed in 2018 and 2019, which

were partly guaranteed by Cerberus.

Cerberus argued nothing was due but Judge Andrew Baker

said in a written ruling that Sabadell was entitled to be paid

roughly 358.5 million euros, and interest on that sum of around

47.4 million euros.