Euro Cervantes SOCIMI, S.A.U. (BME:YEUR) agreed to acquire 48.9% Stake in Unibail Rodamco Steam S.L. and 48.9% Stake in Proyectos Inmobiliarios Time Blue, S.L. for €200 million on November 28, 2016. Euro Cervantes SOCIMI expects to finance the acquisition via a loan granted by a related entity. Ernst & Young S.L. acted as accountant to Euro. Euro Cervantes SOCIMI, S.A. (BME:YEUR) completed the acquisition of 48.9% Stake in Unibail Rodamco Steam S.L. and 48.9% Stake in Proyectos Inmobiliarios Time Blue, S.L. on December 19, 2016. The acquisition of the stake in the capital of Unibail Rodamco Steam, S.L.U. amounted to €201 million, while the stake in capital Proyectos Inmobiliarios Time Blue, S.L.U. was worth €0.2 million. These acquisitions were funded through a loan amounting to €201.2 million at an annual fixed interest rate of 8.1% maturing in December 2021 received from New Tower Real Estate, B.V. Clifford Chance acted as legal advisor for Unibail Rodamco Steam.