Friday, August 14, 2020
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Haya’s Revenues Fell by Almost 30% in H1 to €83 Million

The servicer controlled by Cerberus saw its revenues decrease by almost 30% during the first half of the year. Meanwhile, its transaction volume reached 947.2 million euros, down by 44.3% compared to 2019.

Haya Real Estate, a Spanish company dedicated to the management of debt and real estate and financial assets -on behalf of BBVA, Bankia, Sareb, Cajamar, amongst others-, closed the first half of the year with revenues of 83.4 million euros, down by 29.7% compared to the same period in 2019.

Meanwhile, the servicer controlled by the US fund Cerberus recorded a transaction volume of 947.2 million euros, representing a drop of 44.3% compared to the same period a year earlier.

Read the full article in Spanish.


Madrid Backs Luxury Housing to Curb the “Suburb Effect” of the Pandemic

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The Supreme Court Annuls the Requirement to Notify the Treasury about the Transfer of Housing for Tourist Use

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A Dozen Property Developers Lead the Construction of Luxury New Homes on the Costa del Sol

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