Reuters reports that: “Spanish nationalised bank Bankia said on Tuesday it had sold a portfolio of 38 property assets, including housing, stores and warehouses, to Goldman Sachs for 355 million euros ($441.73 million).”
So Goldman Sachs are taking another big position in Spanish real estate.
I’ve spent most of my time this year advising funds. The interest is huge, and the market is hot at the big investment end.
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