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Goldman, Cerberus and Oaktree are potential buyers of Sdin Residencial
20 March 2019 | Vanessa Sousa

Parties interested in buying Sdin Residencial start to appear. Its current owner Sabadell has already been contacted by seven entities, among which Goldman Sachs, Cerceberus and Oaktree, which should present their offers next Thursday.

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Among the interested parties are also Aedas, Lone Star, Apollo and the Canada Pension Plan Investment Board (Cppib), according to Eje Prime.

Developer Sdin Residencial, which is on the market for around 1.000 million euro, has an attractive portfolio for companies wishing to enter the housing market. It has 300 urbanized terrains, which have a total combined area of 2.4 million sqm.

Sabadell should announce the winning proposals next week. And it plans to define the end of April as the deadline to hand over the final proposals.