The goal is to take of Solvia, the real estate servicer of the Sabadell group, all the activity in this area of real estate business, which will be added in the new company. For this purpose, Francisco Perez will be in charge of a team of 64 professionals who transit from Solvia, which currently has 84 projects in development and more than 4,000 houses in the portfolio, in which he acts as a delegated promoter.
Contrary to what happens with the Bank and its real estate servicer, who moved their headquarters to Alicante after the political conflict in Catalonia, the headquarters of the new company will be located in Madrid.
It should be remembered that this is not the first time that the entity led by Josep Oliu performs an operation of this nature. Already in 2015, the company extinguished Solvia Hotels to give way to HI Partners, a hotel subsidiary. Meanwhile, a month ago, sold its hotel company to Blackstone for a value of ca. €630 million.