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Haya Earned €45 Million During Q1 2020, Down by 24%

The servicer generated revenues of €45.2 million during the three months to March, down by 24.3%, and recorded a transaction volume of €504.2 million, down by 40.4%.

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The company’s headquarters.

Haya Real Estate, a Spanish debt, real estate and financial asset management company -which handles the assets of BBVA, Bankia, Sareb and Cajamar, amongst others-, published its financial results for the first quarter of 2020 on Thursday. The company generated revenues of €45.2 million, down by 24.3% compared to the first three months of 2019.

During the period, the servicer controlled by the US fund Cerberus reached a transaction volume of €504.2 million, representing a drop of 40.4% compared to the same period a year earlier.


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