Spanish real estate company Prasa has bought a 5% stake in peer Realia for EUR 90 mln, according to a statement sent to the Spanish stock market regulator CNMV. Prasa bought the shares for EUR 6.32 each, below Realia's closing price on Wednesday of EUR 6.48.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
