Savings bank Cajas de Ahorros del Mediterraneo (CAM) has sold a 2.44% stake in Metrovacesa for EUR 307.8 mln. The Spanish lender declined to reveal the profit it made through the share sale of a company that more than doubled its value last year. The shares were sold at EUR 124 each, CAM said in a regulatory filling.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
