The Company for the Management of the Assets Proceeding from the Bank Restructuring (Sareb) intends to complete the purchase from the fund Värde of its 10% stake in Árqura Homes, according to the newspaper Expansión. If the operation goes ahead, Sareb would control 100% of the development company launched in 2019.
Apparently, the two companies have already reached an agreement in principle that could be closed before the end of the year and that includes an option to purchase Aelca.
Read the full article in Spanish.
