Sareb sells secured loan portfolio in Spain

17 March 2016

Spanish bad bank Sareb sold a loan portfolio worth €73.7m secured by assets located in provinces surrounding Madrid, Barcelona, Tarragona and Cáceres. Logistics properties constitute 68 percent of the assets, according to market sources, while 26 percent are hotel investments. This is the first institutional deal Sareb closed this year in the logistics and hospitality segments.

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