Llanera to sell large plot to Bancaja to ease debt problems

By A staff reporter 2007-12-17T00:00:00

Valencia-based property company Llanera is to sell a large plot of land for EUR 55 mln to the Spanish savings bank Bancaja. The sale is part of a move by the 0Spanish property firm which filed for protection from creditors two months ago to cut its EUR 700 mln debt ...

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