Private equity firm Carlyle Group to take advantage of Spanish property slump

Posted in News | Tagged |

US based Carlyle Group, one of the world’s largest private equity firms, is opening an office in Madrid with plans to invest up to 1 billion Euros in the Spanish property market.

Carlyle, which already owns emblematic properties like the Telefonica building in Barcelona, and with various high end properties in Madrid, will use a new 2.2 billion Euro real estate fund to snap up bargains in Spain’s distressed property market.

SPI Member Comments

Leave a Reply

Facebook Comments