Several bids are expected for the purchase of this portfolio – called, according to El Confidencial, Proyecto Kingfisher – within the next few weeks. Alantra might be one of the potential buyers, according to market sources.
The amount estimated by the American company for the sale of this NPL set was not disclosed.
Lone Star closed the purchase of 80% of Caixa Bank’s real estate business last July for 7 billion euro, through its society Coral Homes. This deal also included the control of real estate company Servihabitat.