Liberbank sells its real estate company Mihabitans

Liberbank sells its real estate company Mihabitans

As informed the Spanish National Securities Market Commission (CNMV), to Spanish Real Estate, this plan of real estate divestment begun about three months ago, and has several candidates, without formalized agreements yet. Liberbank intends to reduce its slowness below 7% in 2018, in comparison with the 13% at the end of the first quarter of 2017 and the 19.5% in 2016.

The same source explains that Mihabitants is a 100% branch of Liberbank created on 2016 from the internal unit of the Bank’ real estates. Manages the real estate assets of the entire Group Liberbank, which exceed the €3.000 million and include those of Banco de Castilla-La Mancha and of Beyos and Ponga.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!