Intrum has signed a strategic agreement with BBVA to collaborate in the sale and management of real estate assets for private banking and high net worth clients.
The collaboration, managed through Solvia, Intrum's real estate firm in Spain, will give BBVA clients access to a wide range of domestic and international real estate assets. This agreement is part of BBVA's launch of a new brokerage service for real estate investments, designed to meet the specific demands of this customer profile.
BBVA will be responsible for channelling its customers' requests to Intrum, which will offer investment opportunities in sectors such as residential, offices, logistics and commercial premises, tailored to the needs and preferences of investors.
Enrique Tellado, CEO of Intrum Spain and President of Solvia, said: "This collaboration agreement with BBVA allows us to strengthen our reach to high net worth individuals and offer a comprehensive value proposition, tailored to the real estate investment needs of the bank's clients. Thanks to our experience in asset management and the backing of a leader like BBVA, we can offer a tailor-made service that meets the requirements of this investor profile".
Fernando Ruíz, head of private banking at BBVA in Spain, said: "At BBVA Banca Privada we are committed to offering innovative solutions that adapt to the specific needs of our high net worth clients. The launch of this real estate brokerage service reinforces our value proposition, expanding investment opportunities beyond financial assets".
Ruíz also highlights the collaboration with CBRE and Solvia as key to offering access to a wide range of domestic and international real estate assets, complemented by tailored financing options to support clients' investment decisions.