With this operation, the real estate company will integrate «Rayet Construcción’s construction expertise, reducing the uncertainty in terms of costs and deadlines», it can be read in the release the company sent to the Comisión Nacional del Mercado de Valores.
The delays in construction works and obtaining permits have been dragging the deadlines set by the company to conclude its housing projects. With the construction company’s integration, the company led by Félix Abánades, hopes to improve this situation.