Reyal Urbis files for insolvency | DW News - latest news and breaking stories | DW | 20.02.2013
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Reyal Urbis files for insolvency

Spanish property firm Reyal Urbis has filed for insolvency after failing to reach a deal to restructure its debt. It's the latest in a string of collapses of real estate firms since a property bubble there burst in 2008.

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