3/11/2014 – Expansion
The real estate company belonging to Rafael Santamaria lost €483 million and gained 33% more, €79 million, from January to September.
In the insolvency process since February 2013, the group struggles to beat a €3.39 billion amount of total debt, as well as the owners equity reaching deep in the red (€2.89 billion).
Original article: Expansión
Translation: AURA REE
Source: AURA Real Estate Experts