The sale of this portfolio with more than 500 dwellings was closed this Wednesday and, according to newspaper Cinco Días in its print edition, it fits the financial institution’s divestment strategy.
This operation had the support of advisors on both sides. According to the same newspaper, Pérez Llorca advised Banco Sabadell and Uría advised Azora.
These assets, which were connected to Sabadell’s real estate fund, are spread across existing real estate developments in Madrid and Barcelona.