Lualca and Ibercaja to invest EUR 130 mln in Reyal

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.

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