Spain's Inmobiliaria Colonial has announced plans to focus on its rental income portfolio after completing its debt restructuring process later this year. The Madrid-listed company, which reached an agreement to restructure EUR 4.9 bn of debt in February, said it intends to proceed with its plan to hive off its development and land portfolio into a new subsidiary as part of its new strategy of concentrating on income-generating properties across Europe's major markets.
Premium subscriber content – please log in to read more or take a free trial.
