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Cerberus receives offers to buy Haya
27 May 2019 | Vanessa Sousa

There are at least three offers on the table to buy Spanish real estate managing company Haya Real Estate.

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The offers were made by Italian fund doBank, American fund Centerbridge and Asian Centricus. The three offers, according to El Confidencial, are close to 700 million euro each, 40% less than initially expected by its current manager, American fund, Cerberus.

According to the same newspaper, the uncertainty around the contract renewal between Haya and Sareb – which expects to receive 100 million euro per year in commissions alone – should be the reason behind the reduced offers.