Spanish real estate company Reyal Urbis said it is negotiating a deal with its creditor banks to exchange debt for around EUR 400 mln worth of real estate. In a statement to the Spanish stock market regulator CNMV, the company said that the operation is part of its large plan to refinance around EUR 4.8 bn of debt with a consortium of over 50 creditors.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
