Altamira Creates Ádsolum, a New Company to Manage Land Worth €6.6 Billion
Altamira doValue is launching a new strategic plan for 2024, which includes the development of 200 projects and the creation of a new land manager: Ádsolum.
Banco Santander Puts a Portfolio of 7,000 Reperforming Mortgages Up For Sale
Apollo, Elliott, Carval, M&G, JP Morgan and Goldman Sachs are the main parties interested in acquiring this portfolio.
Haya is Awarded the Management of 6,400 REOs from Cerberus and the FROB
The contracts signed with Cerberus and the FROB have a nominal value of around 500 million euros.
Spain Has the Third-Highest NPL Level in Europe
The NPL ratio is 4.5%, higher than the European average. Banks have offloaded real estate assets worth more than 7 billion euros in 2021.
