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The latest announcement is out from Metrovacesa SA ( (ES:MVC) ).
Metrovacesa S.A. has announced a series of related transactions with Banco Santander, a significant shareholder, involving developer loans totaling 26 million euros for a real estate project in Marbella. These transactions, which include a mortgage-backed loan, highlight Metrovacesa’s strategic financial engagements to support its development initiatives, potentially strengthening its market position in the real estate sector.
More about Metrovacesa SA
Metrovacesa S.A. operates in the real estate industry, primarily focusing on property development and promotion. The company is involved in various real estate projects, aligning itself with market demands and opportunities.
YTD Price Performance: -0.46%
Average Trading Volume: 295,690
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.32B
See more insights into MVC stock on TipRanks’ Stock Analysis page.