Banks continue to reduce their real estate portfolio thanks to foreign investors. Unicaja Banco has informed the CNMV (National Securities Market Commission) of the transfer of 75% of two holding companies of real estate assets to the Norwegian firm Axactor, which translates into a total of more than 4,000 properties. Of …

More than 4,000 properties sold by Unicaja to Axactor

Banks continue to reduce their real estate portfolio thanks to foreign investors.

Unicaja Banco has informed the CNMV (National Securities Market Commission) of the transfer of 75% of two real estate asset holding companies to the Norwegian firm Axactor, which translates into a total of more than 4,000 properties . In this way, it will reduce by 252 million euros the volume that represents unproductive assets in the balance sheet, decreasing them by 21% in the last year.

This Unicaja agreement with Axactor also envisages entrusting the administration and marketing to Acquired Property Management (GIA), the Unicaja company specialized in managing and selling real estate and is one of the largest Unicaja operations of this type, the second that this entity carries out with the Norwegian company.

Author of the image: Tyk (Own work) [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

Investment in housing will end 2017...

According to the Bank of Spain, in its last quarterly report on the economy of the country, housing investment will close 2017 above 4.5% GDP, an index similar to the average of the countries of the Spanish environment "and that is very far of 12% registered in 2007 ". On the other hand, the entity states that ......

Social networks for real estate: Or...

A good organization is the key to success. Creating only social profiles is not enough for a Social Media plan. In order for our effort in social networks to be fruitful, we must organize our work based on the objectives we seek and from that we will decide with which social networks to work and what ......

Supreme Court judgments on the dist...

Below we present the note of the Civil Chamber of the Supreme Court of January 24. At the end of it, you can consult and download sentences 44, 46, 47, 48 and 49/2019, of January 23. SUPREME COURT CIVIL ROOM TECHNICAL CABINET Sentences 44, 46, 47, 48 and 49/2019, of 23 of ......

Soften the buying and selling proce...

a) Soften the relationship between the parties. Perhaps it is one of the most important values ​​of our intervention, since if the sale is not completed, all the work will be lost. And sometimes that does not occur due to lack of tact or skill in the commercial relations of the real estate agent. Many times …...