Oaktree and Cerberus compete for Solvia’s terrains

Oaktree and Cerberus compete for Solvia’s terrains

 

Solvia Desarrollos Inmobiliarios’s portfolio, will be launched in the market with a group of terrains estimated at 1.300 million euro, and the bank hopes to achieve an added value between 200 and 300 million euro with the operation.

According to El Confidencial, the deal may be closed between the end of this quarter and the beginning of the second quarter. Besides the funds, some of Spain’s big developers might also be interested, anticipates EjePrime.

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