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US Fund Golden Tree Buys €300M Portfolio from Bankia

Posted by: In: Real Estate 03 May 2018 Comments: 0 Tags: , , , , , , , , , , ,

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

The post US Fund Golden Tree Buys €300M Portfolio from Bankia appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts


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