FCC Inmobiliaria entered into an agreement to acquire an additional 13.11% stake in Realia Business, S.A. for €83.9 million.
October 07, 2021
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FCC Inmobiliaria entered into an agreement to acquire an additional 13.11% stake in Realia Business, S.A. (BME:RLIA) for €83.9 million on October 8, 2021. FCC Inmobiliaria will acquire the shares at €0.78 per share. After the transaction, FCC Inmobiliaria will hold 50.1% stake in Realia Business. In a related transaction, 100% of the share capital of Jezzine Uno, owned 100% by Soinmob has also been incorporated into FCC Inmobiliaria.
REALIA Business SA (Realia) is a Spain-based company engaged in the promotion, development and exploitation of rural and urban real estate properties. The Companyâs properties include office buildings and commercial centers in Madrid, Barcelona, Seville, Guadalajara, Soria, A Coruna and Murcia, as well as residential properties, garages, premises and storage areas in Alicante, Almeria, Girona, Balearic Islands, Las Palmas, Madrid, Malaga, Seville, Valencia and Valladolid. The Company operates through a number of real estate entities, such as Noralia SA, Valaise SL, Realia Business Portugal Unipersonal Ltda, Realia Polska Inwestycje Sp z oo, Realia Contesti SRL and Guillena Golf SL. In addition, the Company is a subsidiary of Inmobiliaria Carso SA de CV.