Martinsa Fadesa set to sell EUR 1 bn of land

By A staff reporter 2007-11-20T00:00:00

Martinsa Fadesa CEO Carlos Vela said on Monday that the Spanish property group is in talks with seven international real estate funds to sell land worth about EUR 1 bn. The proceeds from the sale will be used to reduce the company's debt, which stands at EUR 2.5 bn according ...

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