PropertyEU

Prasa buys 5% of Realia for EUR 90m

By A staff reporter 2007-10-04T00:00:00

Spanish real estate company Prasa has bought a 5% stake in peer Realia for EUR 90 mln, according to a statement sent to the Spanish stock market regulator CNMV. Prasa bought the shares for EUR 6.32 each, below Realia's closing price on Wednesday of EUR 6.48.

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