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Arrienda Earns €1.5 Million and Warns of a Credit Crunch and an Increase in Defaulted Payments

The Socimi, which also increased its revenues by just over 7%, has warned in its results that the post-pandemic economic crisis will generate a credit crunch and a likely increase in delinquencies.

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The Socimi, which also increased its revenues by just over 7%, has warned in its results that the post-pandemic economic crisis will generate a credit crunch and a likely increase in delinquencies.

Arrienda closed its first full year with a profit of €1.5 million, up by 20% compared to the €1.2 million recorded in 2018, according to the results submitted by the entity to the Alternative Investment Market (MAB).

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