Valencia-based property company Llanera is to sell a large plot of land for EUR 55 mln to the Spanish savings bank Bancaja. The sale is part of a move by the 0Spanish property firm which filed for protection from creditors two months ago to cut its EUR 700 mln debt to just EUR 200 mln.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
