Ferrovial sells RE unit for EUR 2.2 bn

Spanish construction group Ferrovial has signed a preliminary agreement with peer Habitat for the sale of its real estate subsidiary Ferrovial Inmobiliaria. The company said in a press release at the end of December that the sale, with a total enterprise value of EUR 2.2 bn, will be completed this week. The value is constituted by EUR 600 mln of debts and EUR 1.6 bn of equity value.

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