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Sabadell sells portfolio for €2.124M
25 July 2019 | Vanessa Sousa

Banco Sabadell closed the sale of a loan and asset portfolio with Deutsche Bank and Caraval Investors. The portfolio’s net value is around 2.124 million euro.

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According to the release provided by the Comisión Nacional del Mercado de Valores (Spanish Stock Exchange National Commission), only 13.7% of this portfolio corresponds to real estate assets – 290 million euro net.

The remaining – which represents the vast majority (86,6%) – concerns real estate loans, according to the same document.