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 (...)
Even amid its current housing boom, Spain has an overhang of 459,876 unsold new homes, and the number is declining only slowly from a (...)
Sareb, Spain's 'bad bank' tasked with restructuring its financial system, sold 10,618 properties in the first half, 9% more than in 1H17, and said (...)
© Business Immo 2024 CoStar Group
