10 September 2019 – Stoneweg has signed an agreement with Serprocol, a real estate development cooperative, extending a line of financing worth 50 million euros for investing in the acquisition of land over the next 18 months.
Serprocol has more than thirty years of experience in the sector, having delivered more than 800 homes. The firm is currently developing another 650 properties.
Original Story: Idealista
Adaptation/Translation: Richard D. K. Turner
29 December 2015 – Expansión
The large Socimis are continuing with their plans to finance their real estate assets. Such is the case of Hispania and Axiare, which yesterday announced two separate financing agreements, to fund assets that have already been acquired in the case of the first, and for new projects in the case of the second.
Hispania has signed a 7-year bilateral financing agreement with ING for €65 million, for a portfolio of offices that it controls through its subsidiary Hispania Fides. Meanwhile, Axiare has agreed a 10-year bilateral loan amounting to €39.9 million with Banco Sabadell, which will enable it to continue its investment plans.
Original story: Expansión (by R. R.)
Translation: Carmel Drake