Sareb transfers 1.769 dwellings to Témpore for €149M

Sareb transfers 1.769  dwellings to Témpore for €149M


According to EjePrime, Témpore will thus double its portfolio, with these assets spread throughout Madrid, La Rioja, Valencia, Seville, Asturias, Murcia, Balearic Islands, Valladolid or Tarragona. This is the first transfer of dwellings between Sareb and Témpore as per the deal established between the two for the trespass of a total of 4.200 units.

If approved at the next meeting on the 3rd of December, the operation will result in a non-cash capital increase: Témpore should issue a package of 12,4 million ordinary shares valued at 1 euro each.

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