Iberdrola purchases EUR 150m land in Seville

Iberdrola Inmobiliaira, the property arm of Spain's energy company Iberdrola, is investing EUR 150.3 mln in the southern Spanish city of Seville to buy and develop some 1 million m[sup]2[/sup] of land. Iberdrola said in a press release it will use 65% of the land for industrial and storage activities and 35% for third-party activities.

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