According to EjePrime, this figure forecasts an average of near €1000 million sold per week, and a doubling of the amount sold last year.
The idea is to reduce the real estate portfolio in the next 2 years, as part of the new banking cycle, more conservative, and with new accounting standards as of next year.
So far, it’s worth mentioning the sale of 51% of Popular's toxic real estate assets to Blackstone, for €5,100 million, or the sale of €820 million of Caixabank.