Spanish Sacresa is borrowing EUR 2.1 bn to fund the increase of its stake in Metrovacesa, an undisclosed financial source has told the news agency Bloomberg. Sacresa's owner, the Sanahuja family, raised its stake in Spain's largest property group Metrovacesa to 39.6% last year.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
