Acciona Inmobiliaria, the real estate unit of Spain's fourth-biggest builder Acciona, may form an alliance with Ballester to create one of Spain's ten largest real estate companies and list it on the stock exchange, Spanish newspaper El Economista said citing a source from the sector.
Acciona Inmobiliaria, the real estate unit of Spain's fourth-biggest builder Acciona, may form an alliance with Ballester to create one of Spain's ten largest real estate companies and list it on the stock exchange, Spanish newspaper El Economista said citing a source from the sector.
The newspaper said Acciona is in preliminary talks and may sell a stake in its real estate business to the Spanish real estate company Ballester. The Spanish giant did not comment on the rumour.
