27 April 2020 – Brainsre.news
Investors are already working to launch several portfolios onto the market. They want to activate proceedings as soon as the State of Emergency comes to an end in order to execute them this summer.
The large international funds have decided to accelerate their divestments in Spain, due to the impact on the economy of coronavirus. In this way, these investors have changed their sales policies, given that during the previous crisis, they made massive purchases of portfolios from banks, according to El Confidencial. Now, they have chosen to reduce their prices to close said divestments.
The funds are already working to launch several portfolios onto the market, a move they want to activate as soon as the State of Emergency ends. Their aim is to execute deals very quickly over the summer, in order to close the agreements before autumn, according to various sources involved.
Original Story: Brainsre.news
Translation/Summary: Carmel Drake