BBVA considers selling Anida

BBVA considers selling Anida

According to sources in the know, quoted by Aura, at a time when the large international funds show a growing appetite for similar opportunities in the Spanish market, now in recovery.

The plans of the entity chaired by Francisco González are to focus on completely divesting this subsidiary, which accounts for just a proportion of the €8,750 million of net real estate exposure on its balance sheet.

Although it had not commented this specific situation, last week, the bank itself acknowledged in its results for the first half of the year, that intends “to accelerate sales and reduce stock» for the whole area known as Non Core Real Estate, which includes Anida, «with specific actions for those products that have been on the balance sheet for the longest», refers the same source.

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