Iberdrola Inmobiliaria, a subsidiary of the second largest Spanish electric company, and Portugal's Caixa Geral de Depósitos, through Imocaixa-Gestao Imobiliária, have signed a joint venture agreement on investment and development projects in the Portuguese real estate market.
Iberdrola Inmobiliaria, a subsidiary of the second largest Spanish electric company, and Portugal's Caixa Geral de Depósitos, through Imocaixa-Gestao Imobiliária, have signed a joint venture agreement on investment and development projects in the Portuguese real estate market.
Iberdrola Inmobiliaria's strategic plan for 2007-2009 is hinged on international expansion, with investment of around EUR 1 bn envisaged in the next three years.
