Transaction / Assets Seller Buyer € MM
“The Stork” Sold to Dutch Investors
The luxury residential resort project was sold for only €5 million to a consortium of businessmen Raf Terwindt and Han Lampe from Nijmegen.
The resort inherited and sold by SNS Property Finance will be finished soon. Altogether, La Cigüeña (The Stork) has got an area covering 44.000 m2 distributed over 243 apartments. The real estate company´s parent institution, SNS Reaal needs to shed its €7.6 million debt and all property in balance sheet.

Source: PropertyEU