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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.

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