Restaura SL sells 45% of R-SIIC

Spanish group Restaura SL has sold a 45% interest in its French real estate investment arm R-SIIC. The company, which previously held a 98.5% stake in R-SIIC, has disposed of a total of 71,068 R-SIIC shares, representing a 45% stake in the French firm. The stocks were bought by the Spanish property investor Fonrestaura Internacional for a total price of EUR 13.5 mln.

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