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IBERDROLA INMOBILIARIA
In 2007, IBERDROLA Inmobiliaria reinforced its position as one of the largest real estate firms in Spain and also started to expand internationally, in line with the provisions of the 2007-2011 Strategic Plan for this subsidiary.
The company’s progress is reflected in the results for 2007: Net profit grew by 7.3% to 118.3 million euros and sales surpassed 492 million euros, 19.8% more than in 2006. At the end of fiscal year 2007, it had assets valued at 2,601.6 million euros; shareholder’s equity reached 813 million euros.
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