Centerbridge to sell Spanish property services company

2 November 2015

Hoping to take advantage of Spain’s improving property market, Centerbridge Partners is planning to sell its Spanish property services firm Aktua. The country’s property markets are rebounding after taking a heavy hit during the global financial crisis. The US private equity group hired Barclays and Bank of America to help broker a deal. Aktua is expected to post between €40m and €50m in core revenues this year.

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