Reyal Urbis’ Proposed Agreement

30 April 2015 – Expansión

The real estate company Reyal Urbis has responded to the request made by the judge and several of its creditors to amend its proposed agreement, which it wants to use so overcome the creditors’ bankruptcy that it has been immersed in since February 2013. The company recorded further losses of €47.4 million between January and March, an increase of 61%.

Original story: Expansión

Translation: Carmel Drake

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