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BRIEF-Euro Cervantes formalizes purchase of 48.9 percent of Barcelona shopping center owner
December 20, 2016 / 6:11 PM / a year ago

BRIEF-Euro Cervantes formalizes purchase of 48.9 percent of Barcelona shopping center owner

Dec 20 (Reuters) - Euro Cervantes SOCIMI SAU :

* Says formalizes purchase of 48.9 percent of the companies Unibail Rodamco Steam SLU and Proyectos Inmobiliarios Time Blue SLU, owners of the shopping center La Maquinista in Barcelona

* Says purchase is financed by 201.2 million euro ($209.2 million) loan due Dec. 2021, with yearly interest of 8.1 percent, signed with related entity New Tower Real Estate BV Source text: bit.ly/2ic0Ozv

Further company coverage: ($1 = 0.9618 euros) (Gdynia Newsroom)

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