News

Sareb puts homes in coastal areas on the market, with asking prices starting from €27,500

05/04/2017

The campaign gets underway with 2,700 homes located across 20 coastal provinces.

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Sareb books accumulated net losses of €751 million since its creation

03/04/2017

Sareb currently holds €4,049 million in capital and subordinated debt, compared to the €4,800 million, which it held when it was founded.

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Sareb, Management Company for Assets Arising from the Banking Sector Reorganisation

Sareb is a private entity that was founded in order to help clean-up the Spanish banking sector and, more specifically, the banks with problems due to their over exposure to the real estate sector. Its mission is to divest an asset portfolio with a value of 50.781 billion euros in 15 years.

 
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