Saturday, October 1, 2022

Edición: portfolio sales

Harvey Project Sold for 52.3 Million Euros

The portfolio had a gross value of 164.4 million euros. The Securities Market Commission (CMVM) issued a statement yesterday confirming the sale of Project Harvey, a portfolio of non-performing loans, as well as the value of the operation, which had not been previously disclosed. According to the statement, “Project Harvey is a single name portfolio […]

Davidson Kempner Buys €216.3 Million in NPLs from Novo Banco

8 March 2021 – Ana Custódio Novo Banco announced that Davidson Kempner Capital Management had won the tender to acquire the Wilkinson Project, a portfolio of bad debts. In the statement, Novo Banco noted that: “The completion of the transaction, under the agreed terms, is expected to have a neutral to marginally positive direct impact […]

Blackbrook Capital Acquires Portfolio of Build-to-Suit Supermarkets

22 February 2021 The British investment firm Blackbrook Capital, which was only founded in March 2020, has acquired a portfolio of supermarkets currently under construction in Portugal. The properties will be subsequently leased to Sonae MC under its Continente Bom Dia brand. The London-based real estate investment company “has committed to acquiring a portfolio of […]

ECS to Sell €1.5 Billion in Restructuring Funds

9 February 2021 ECS – Sociedade Gestora de Fundos de Capital de Risco has put itself up for sale, and a series of international investors have already demonstrated interest. The potential deal has attracted several international funds, including Bain Capital, Apollo, Blackstone, Fortress, Cerberus, Lone Star (which owns Novo Banco) and Arrow/Norfin. According to the […]