French property firm Gecina said Thursday it had gone ahead with the proposed share swap with and separation from Spanish property giant Metrovacesa, bringing to an end the dispute between Metrovacesa's three main shareholders, the Sanahuja family, Joaquin Rivero and Bautista Soler. Following the move, Rivero and Soler are Gecina's main two shareholders.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
