The Spanish Real Estate Market in June 2021
June was an important month for the sector in Spain, as a series of transactions for hotels and logistics assets were finalised, along with announcements of new developments.
Caixabank Looks to Sell €576-Million NPL Portfolio
The Catalan bank has commissioned KPMG to sell a portfolio of non-performing mortgages comprising 4,500 properties valued at 576 million euros.
Santander and Intrum Partner to Bid for €1.1 Billion in NPLs
The bank is bidding for the Italian bank Intesa Sanpaolo’s €1.1 billion portfolio through its Deva Capital platform.
Santander Negotiates Sale of Two Portfolios of Bad Debts Valued at 1.5 Billion Euros
The bank is in talks with the Canadian fund CPPIB and Cerberus to offload the assets worth 1.5 billion euros.
