BBVA close to selling €2.500M NPL portfolio

BBVA close to selling  €2.500M NPL portfolio


According to EjePrime, CPPIB got ahead of the competition of companies like Cerberus or Lone Star in this auction, coordinated by Alantra. The deal may be closed for around 1.000 million euro at current market prices.

If they buy it, this will be the second NPL portfolio the fund purchases from BBVA this year. This last purchase may alienate nearly all its real estate portfolio.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!