Realia Business, the Spanish developer which raised EUR 783 mln in an initial public offering earlier this month, said it has obtained a EUR 1.63 bn syndicated loan to refinance its debt from a banking consortium with core shareholder Caja Madrid and Banco Espanol de Credito directing the financing.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
