Metrovacesa cuts project pipeline

By A staff reporter 2008-12-18T00:00:00

Spanish property firm Metrovacesa has reduced its development pipeline to just 12 projects from 19 at the beginning of the year as part of a programme to reduce its gearing. The company said it has halted development on three shopping centres located in the Spanish cities of Valdebebas-Madrid, Cieza-Murcia and ...

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