Real Estate Developer Priesa is on the market

Real Estate Developer Priesa is on the market


According to El Confidencial, the consultant is in charge of assessing the assets, so that Grupo Villar Mir can decide in the future which ones will be placed on the market.

Currently, Priesa’s portfolio is worth €256.8 million, according to the most recent estimates from the Royal Institute of Chartered Surveyors. In 2017 alone, the real estate developer reached €46.77 million in sales.

This decision fits Grupo Villar Mir’s divestment strategy, following which it also placed on sale electrometallurgy company Ferroglobe, construction company OHL and Grupo Fertiberia, which markets fertilizers and chemical products.


Photo: Eje Prime

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