Spanish leading infrastructure group Ferrovial is buying a 20% stake in real estate firm Habitat for some EUR 125 mln, news agency Europe Press reported. Habitat is selling the stake as part of its EUR 225 mln capital increase. The Spanish real estate company committed to sell an undefined amount of shares to Ferrovial in end-2006, when the company bought Ferrovial's real estate business for EUR 2.2 bn.
Spanish leading infrastructure group Ferrovial is buying a 20% stake in real estate firm Habitat for some EUR 125 mln, news agency Europe Press reported. Habitat is selling the stake as part of its EUR 225 mln capital increase. The Spanish real estate company committed to sell an undefined amount of shares to Ferrovial in end-2006, when the company bought Ferrovial's real estate business for EUR 2.2 bn.
