Sareb has closed a new contract. The bad bank has signed agreements with Hipoges and Anticipa/Aliseda for the management of its assets worth almost 25.3 billion euros. The contract will take effect from July.
The servicer owned by KKR will manage a global portfolio worth 13.9 billion euros, of which 8.1 billion euros corresponds to unpaid developer loans and 5.8 billion euros to residential real estate, land and tertiary assets to be marketed from individuals and companies.
Read the full article in Spanish.
