If this operation becomes a reality, the combined portfolios should rise to 49.000 million euro in assets under management.
Divarian Propiedad was created in the last quarter of 2018, by Cerberus (which controls 80% of the company) and bank BBVA (which manages 20% of the company), with the intent of buying real estate assets from the BBVA. Haya Real Estate, on the other hand, is dedicated to managing financial assets in Spain.
