Unicaja Banco in talks to sell its real estate firm to Haya and Altamira
Unicaja Banco negocia la venta de su inmobiliaria con Haya y Altamira
Intel ID : 243880
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Unicaja Banco, a Spain-based bank, is in advanced talks to sell Gestión de Inmuebles Adquiridos - GIA, to Haya Real Estate, a real estate manager controlled by Cerberus, and Altamira, controlled by Apollo, reported Voxpópuli on 29 December 2016. GIA is the platform that manages and sells the foreclosed residential assets of Unicaja. Its turnover was EUR 108m in 2015, 5% more than in the previous year. The company has assets with a net worth of EUR 1bn, according to figures from June, which, added to provisions, raise the company's value to EUR 2.7bn. The sale of GIA is expected to close during the first weeks of 2017.
(content in spanish)
Unicaja Banco, entidad bancaria española, mantiene negociaciones avanzadas para la venta de Gestión de Inmuebles Adquiridos - GIA, con Haya Real Estate, inmobiliaria controlada por Cerberus, y Altamira, controlada por Apollo, según ha informado Voxpópuli el 29 de diciembre de 2016. GIA es la plataforma que administra y vende los activos adjudicados residenciales de Unicaja. Su cifra de negocios fue de EUR 108m en 2015, un 5% más que el año anterior. La inmobiliaria acumula activos adjudicados por un valor neto de EUR 1.051m, según cifras de junio, que sumando provisiones elevan la tasación hasta los EUR 2.690m. Está previsto que el traspaso de GIA se cierre durante las primeras semanas de 2017. |
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| Intel ID | 243880 | |||
| Value | ND | |||
| Native Currency | Euro (EUR) | |||
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Financial Data - Gestión de Inmuebles Adquiridos (GIA)
(31 Dec 2012) |
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| Primary Subsector (TTRSC) |
25.01.03 Commercial, Retail & Mortgage Banking (Primary) 25 Financial Services / 25.01 Banking & Investment |
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| Secondary Subsectors (TTRSC) |
25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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| Primary Sector (TTRSC) |
35.03.05 Homebuilders (Residential) 35 Industrials / 35.03 Construction & Engineering |
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35.03.02 Building Contractors 35 Industrials / 35.03 Construction & Engineering 35.03.03 Construction & Engineering (Non Residential) 35 Industrials / 35.03 Construction & Engineering |
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25.03.01 Real Estate Development & Operating Companies 25 Financial Services / 25.03 Real Estate |
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25.03.01 Real Estate Development & Operating Companies 25 Financial Services / 25.03 Real Estate |
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25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
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25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
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25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
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50.02.07 Social & Development NGOs 50 Public Services & NGOs / 50.02 Non-Governmental Institutions, Organizations & Associations |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.