Orion Capital Managers and AEW Europe have been selected as the final bidders for a controlling stake in Spanish listed property group Realia, according to a report by news agency Bloomberg.
Orion Capital Managers and AEW Europe have been selected as the final bidders for a controlling stake in Spanish listed property group Realia, according to a report by news agency Bloomberg.
Orion and AEW are reportedly trying to buy the 25% stake in Madrid-based Realia held by the Bankia Group and the 36.9% owned by Fomento de de Construcciones y Contratas.
With a market value of €332 mln, Realia owns a €3.3 bn property portfolio and is the majority owner of SIIC de Paris, a French real estate investment trust.
