We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Below the asking price

5 June 2007 By Fiona Maharg-Bravo

Real estate company Realia has priced its IPO at a whopping 26% below the price range due to weak international demand. Investors are right to be cautious about property in Spain. But the 36% discount to net asset value looks steep. Realia is priced to sell. Real estate company Realia has priced its IPO at nearly 20% below the price range due to weak international demand.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)