NPL & REO

Caixabank's loans are secured by 4,500 properties, currently valued by KPMG at €775 million.

The eighth month 2021, saw fewer new developments than in July, although there were significant transactions, especially in the Barcelona office market.

Ktesios, which has just completed an expansion to buy more assets, has secured the assignment of a mortgage loan in the foreclosure process, secured by residential properties valued at €3.5 million.

July was an important month for the real estate sector in Spain, where we saw an array of transactions in the logistics, office and hotel sectors. One of the most recent saw Aedas acquire the developer Áurea Homes, while the major listed companies unveiled their returns for the first half of the year.