PropertyEU

Sanchez Ramade increases stake in Realia

By A staff reporter 2007-09-05T00:00:00

Group Sanchez Ramade has acquired 5% of Spanish real estate company Realia for EUR 90 mln. Following the purchase this week, the group has become the second-largest shareholder in Realia after Caja Madrid and developer Fomento de Construcciones y Contratas (FCC). Sanchez Ramade offered EUR 6.3 per share. The purchase ...

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