The merger of real estate servicers mobilizes 1 billion in purchases
Intrum, doValue and now Pollen Street Capital have closed the acquisition of toxic asset management platforms with outlays of more than €1.0 billion since 2019.
Mergers and acquisitions have accelerated among servicers, asset managers, and credit companies with real estate collateral in Spain. Intrum, doValue, and Pollen Street Capital have been key players, with deals worth around €1,000 million since 2019. doValue acquired Altamira, while Intrum bought Solvia, Haya Real Estate, and Pollen Street Capital acquired Hipoges and agreed to buy Servihabitat. These deals have created larger platforms seeking to diversify their business and improve margins.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
