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Urbis to continue housing focus

Spanish property company Urbis is to continue concentrating on the housing market, despite the fact that sector is considered to be in decline by the stock market.

The company, which recently merged with Dragados Inmobiliaria, is expecting to grow at a rate or 15% over the next three years, earning as much as €84.1m (Pts1.4bn) by 2003.

Expansion, 29 March 2001, p6

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