Metrovacesa's chairman Joaquin Rivero said he will leave his post in October, just before the separation process of the Spanish company is completed. The plan to split up Metrovacesa's assets into two separate units, generated by a wish to appease the company's rival core shareholders Rivero and the Sanahuja family, was approved on Thursday during the company's shareholders meeting.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
