30 April 2018 – Iberian Property
According to El Independiente, the portfolio in question is Proyecto Giants. This deal represents Golden Tree’s first operation in Spain. The US fund manages debt amounting to approximately €25.5 billion.
Bankia wants to reduce its exposure to toxic real estate assets by €8.8 billion to €8.4 billion by 2020.
Original story: Iberian Property (by Ana Tavares)
Edited by: Carmel Drake
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Source:: AURA Real Estate Experts