PropertyEU

Astroc makes second big acquisition

By A staff reporter 2006-10-30T00:00:00

Spain's Astroc Mediterraneo has acquired 60% of the property arm of Grupo Rayet for EUR 449.5 mln and it holds an option to purchase the remaining 40 % for EUR 299 mln. The transaction came a day after Astroc acquired Banco Sabadell's real estate unit, Landscape Promocions Immobiliaries, for EUR ...

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