Sale of Solvia Ruled Out

5/03/2014 – Expansion

Even though the improvement of Spanish economy awoken the interest of international investors in real estate manager companies of Spanish banks, Sabadell does not wish to sell Solvia. Its director Josep Oliu has excluded the possibility of a divestment similar to the ones conducted by Santander, Popular or Caixabank. “At the moment, we are not going to sell it. In fact, Solvia is the best thing inherited from CAM”. (…).

Solvia brought €3.100 million gains in 2013. The real estate platform marketed 18.501 properties, improving the 2012 score by 25%. (…).

 

Original article: Expansión (A. C. A.)

Translation: AURA REE

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