VOL. XXXI
NO. 38
27-JUNE-1988
Financial and Banking News
INVESTMENT ACTIVITIES
KIO To Sell Part of Spanish Property Interests
The Kuwait Investment Office (KIO) is to float approximately one-third ofits Spanish property holding company's equity on the Madrid stock exchange inJuly, according to British press reports. The KIO-controlled company, PrimoImobiliaria, has major real estate interests in Barcelona and Madrid which areestimated to be worth some $600mn although the cost of the various...
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