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What Drove Metrovacesa’s Sales in 2020?

The property developer recorded revenues of 16 million euros from the sale of land, which occurred mainly during the last quarter of the year.

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Villas del Volga in Palmas Altas, a project by Metrovacesa.

The listed property developer Metrovacesa, led by the financial institutions Santander and BBVA, has presented its results for the year 2020. The firm suffered significant losses, as well as a drop in its revenues, mainly due to a decrease in land sales.

So, what major operations did the company carry out last year?

Read the full article in Spanish.

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