10 March 2019 – Eje Prime
Bain Capital has created a fund to invest €1.25 billion in European real estate. The US investment group is expected to concentrate a large part of that investment in Spain, where it already controls the property developer Habitat.
The target of the new fund will be portfolios of non-performing loans and non-strategic assets, of which there are plenty in the Spanish market.
Bain Capital has acquired several portfolios from financial institutions in Spain in recent years with a gross value of €3.5 billion.
Original story: Eje Prime
Translation: Carmel Drake