Funds see 4 billion euros in rental apartment portfolio sales at risk
Blackstone, Cerberus, Greystar and Ares, with more than 15,000 rental homes distributed across different Socimis or platforms, are some of the funds looking to rotate assets.
Several investment funds, including Blackstone, Cerberus, Greystar, and Ares, are looking to sell their rental housing assets in Spain. These funds, which own over 15,000 homes through various Socimis and platforms, are awaiting a vote by the Spanish Congress on two housing decrees that could impact their plans. Blackstone, for example, is considering selling its Testa platform, which has a portfolio of 8,354 homes valued at approximately €2.555 billion. Cerberus is also looking to sell a portfolio of 3,300 homes valued at up to €800 million.
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.
