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Merlin Properties agrees to sell its stake in Testa Residencial for €321.2 million
Merlin Properties, Banco Santander and BBVA have formalized, on 14 September 2018, an agreement with Tropic Real Estate Holding for the sale of 50.01% of Testa Residencial. The sale proceeds obtained will be used to reduce the leverage in line with the objectives of the business plan of the Company.…
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