• Transaction / Assets
    Rex portfolio
  • Seller
    Banco Sabadell
  • Buyer
    subsidiary of Cerberus
  • € MM
    314

Banco Sabadell Sells Real Estate Portfolio

5 August 2019

Banco Sabadell has sold a portfolio of real estate assets to a subsidiary of the US fund Cerberus Capital for 314 million euros. The portfolio, known as Rex, has assets with a net book value of approximately 342 million euros.

Original Story: Lne.es

Adaptation/Translation: Richard D. K. Turner

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