Texas-based TPG has acquired 75% control of Spanish residential REIT/SOCIMI Témpore from the nation's workout agency Sareb for a total price of nearly €247m. Témpore Properties, one of the largest residential REIT/SOCIMIs in (...)
US alternatives investment manager Värde Partners has won the bid to manage €800m in Spanish housing developments from partly state-owned bank restructuring platform Sareb. In a statement Wednesday Värde said (...)
Spanish lender Ibercaja, based in Zaragoza in the northeast, is to put on sale some €600m of problem assets to cut real estate exposure (...)