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Haya Commits to Cutting Costs in the face of the Covid-19 Crisis

The servicer controlled by the US fund Cerberus has confirmed that it will adopt the cost reduction measures necessary to respond to the current health and economic crisis.

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Haya Real Estate’s headquarters

Haya Real Estate, the Spanish company specialising in the management of debt, real estate and financial assets -on behalf of BBVA, Bankia, Sareb, Cajamar, amongst others-, published its financial results for last year on Tuesday. At the same time, it announced the launch of an internal transformation plan with the aim of improving the flexibility and scalability of its business model.

The firm has activated a contingency plan that involves preserving the strong liquidity position that it registered at the end of the year. In this way, Haya confirmed in a statement that “it will adopt the cost reduction measures necessary” to respond to the current health and economic crisis.

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