PropertyEU

Reyal Urbis sells EUR 1.6bn of assets to banks

By A staff reporter 2009-03-09T00:00:00

Spanish property company Reyal Urbis sold property assets worth EUR 1.6 bn to unnamed banks in the course of 2008, the company said in a statement to the local stock market regulator. The sales were part of a refinancing agreement for about EUR 3 bn of corporate debt which the ...

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