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.
Liberbank has agreed to sell its real estate portfolio to the fund Bain Capital for €750 million.
Liberbank prepares to sell a set of 9,000 assets evaluated in €1,200 million, through the Project Invictus. Alantra was entrusted with this operation.
Blackstone will transfer 21,000 homes to several Socimis, to rent.
Up to October 2017, have been invested €1,500 million in commercial real estate in Portugal, surpassing by 15% the €1,300 million transacted throughout the year 2016.
RICS (Royal Institution of Chartered Surveyors) in partnership with Iberian Property have just launched the first edition of the new Iberian Commercial Property Monitor, an unprecedented initiat...