The Spanish property company Lualca and the bank group Ibercaja have taken a 4.09% and 1.68% stake respectively in Reyal for a total investment of EUR 131 mln. The operation was concluded before Reyal boosts its capital by EUR 2.2 bn as a first-step to acquire real estate peer Urbis.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
