CatalunyaCaixa Property Units Owe EU831 Million, Expansion Says

CatalunyaCaixa has stakes in 96 real estate companies that have 1.04 billion euros ($1.31 billion) in debt, Expansion reported, citing unidentified people in the financial industry.

CatalunyaCaixa’s share of the debt is 831 million euros, according to the report in the daily newspaper.

To contact the reporter on this story: Angeline Benoit in Madrid at abenoit4@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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