Spain's Sacresa, the investment vehicle of the Sanahuja family, has transferred seven shopping centres and five hotels to the property major Metrovacesa, according to an article published in the Spanish paper Cinco Dias. The transferral is part of the separation process of the company's Spanish and French business agreed by Metrovacesa's core shareholder the Sanahujas and its chairman Joaquin Rivero. Following the plan, Roman Sanahuja will become the new chairman of Metrovacesa, while Rivero will take the helm of the company's French unit Gecina.
Spain's Sacresa, the investment vehicle of the Sanahuja family, has transferred seven shopping centres and five hotels to the property major Metrovacesa, according to an article published in the Spanish paper Cinco Dias. The transferral is part of the separation process of the company's Spanish and French business agreed by Metrovacesa's core shareholder the Sanahujas and its chairman Joaquin Rivero. Following the plan, Roman Sanahuja will become the new chairman of Metrovacesa, while Rivero will take the helm of the company's French unit Gecina.
