Metrovacesa’s sales rate falls from 8 properties a day to 1 a day

Article Date : 08 August 2008
News Section: Spain

The Spanish press reports that Metrovacesa’s sales rate has fallen from 8 properties per working day last year, to just one a day now. Metrovacesa’s income has collapsed 76% as a consequence, to 45.4 million Euros. Metrovacesa is one of the biggest residential property developers in Spain, and is listed on the Madrid stock exchange...

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Article provided by Spanishpropertyinsight.com.
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