Spanish property services agency Don Piso plans to close up to 120 offices with the loss of 350 jobs. The property advisor reported a drop in sales of 66% last year. The offices are worth a total EUR 110mln, according to Spanish newspaper El Pais. Don Piso operates another 140 offices under franchise agreements. The company, which employs a total 420 staff, was acquired by Habitat in December 2006, as part of the takeover of Ferrovial Inmobiliaria.
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