Acciona, a Madrid-based construction group, is to sell its 15% stake in larger rival FCC to real estate company Grupo Inmocaral for EUR 1.5 bn to raise funds for its drive to takeover Spanish utility Endesa.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
