Inmobiliaria del Sur (ES:ISUR) has released an update.
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Inmobiliaria del Sur (INSUR) has announced the formation of a joint venture with Hercalianz Investing Group and other partners to develop a residential real estate project. Hercalianz has taken a 12.50% stake in the new company, with a commitment of €2,072,500, while INSUR holds 50%. The venture aims to acquire land for real estate development, with all partners participating under equal market terms.
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