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

09.05.2024 Author: 34fifty.com

Views:

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 …...

Keys to being a good real estate ag...

In a previous news, we talked about the qualities that a real estate agent should have. We divided the qualities into three large groups: professionalism, values and social skills. This time we will see three keys to be a good real estate agent, related to the price of housing and the agent himself: - 1. ESTABLISH GOOD RELATIONSHIP QUALITY/PRICE ......

Results of sales interviews

1 The results of the real estate sales interviews The results of a personal sales interview depend on the type of interview in which we are. Only in the final, its purpose is closure. In the rest, at the end, the commercial must move effectively towards the final success of the closing of the ......

Real Estate Experts call for recove...

They advise to recover deductions for landlords deleted in the 2015 Tax Reform, currently in force, and greater legal protection. The APEI alerts that the situation of the rental of habitual residence has worsened in the last 12 months and extends to all the capitals. July 2018.- The Professional Association of Real Estate Experts (APEI), ......