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Sareb Sells a Portfolio of 23 Tertiary Assets for €235.4 Million

The operation includes assets for tourist use located in Murcia, Málaga, Valencia, Almería and Madrid.

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The Company for the Management of the Assets Proceeding from Bank Restructuring (Sareb) has sold a portfolio of 23 tertiary assets for 235.4 million euros. For the most part, the assets are real estate, according to information published on the entity’s website.

The portfolio has been awarded after a “rigorous” competitive process open to specialist investors with the aim of maximising its price. The operation includes apartments for tourist use, aparthotels and hotels that together house 1,729 rooms and which are located in the provinces of Murcia, Málaga, Valencia, Almería and Madrid.

Read the full article in Spanish.

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