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Sareb Offers 10,000 Social Housing Properties to Town Halls

The Company for the Management of Assets proceeding from the Bank Restructuring (Sareb) is expanding its social housing offer during the Covid-19 crisis by 6,000 units.

Promoción vivienda Oviedo Sareb
A new build development for sale in Oviedo (Asturias), owned by Sareb.

The Company for the Management of Assets proceeding from the Bank Restructuring (Sareb) has launched an offensive to offer a portfolio of 10,000 social housing properties to Town Halls all over Spain. The intention is that they will use them to house families with economic problems resulting from the coronavirus pandemic, according to reports from El Confidencial.

Until now, Sareb had made 4,000 homes available to the administrations, but the crisis generated by Covid-19 has led the entity to focus its efforts on reaching agreements with as many administrations as possible.

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