Spanish lender Ibercaja has sold a portfolio of 505 property developer loans to Fleta Issuer Holdings Designated Activity Company for €489 mln, in a bid to clean up its toxic assets.
Spanish lender Ibercaja has sold a portfolio of 505 property developer loans to Fleta Issuer Holdings Designated Activity Company for €489 mln, in a bid to clean up its toxic assets.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.