Bankia Trades Holdings in Several Hotel & Healthcare Units For €32 Mn Total

15/07/2014 – Inmodiario

Bankia has transferred some of its minority stakes in hotel and healthcare establishments for joint €32 million and net capital gains of €7.6 million.

Precisely, the bank sold the holdings in Sociedad Inversora de Hoteles Vacacionales, Playa Hoteles & Resorts, Hospimar 200 and in Grupo de Hospitales IMED. N+1 and PwC acted as advisors at the operations.

The sale formed a part of the 2012-2015 Strategic Plan of BFA-Bankia.


Original article: Inmodiario

Translation: AURA REE