Témpore Properties was created in 2017 by Sareb to offload assets. : Témpore Properties, a listed company established by Spain’s ‘bad bank’ Sareb in 2017, is to be acquired by TPG Real Estate Partners. Témpore was created as a Socimi, a Spanish real estate investment trust, to offload rental housing assets taken on by Sareb following the global financial crisis. TPG will acquire 75% of Témpore’s shares, which are listed on Madrid’s Alternative Stock Exchange (MAB), and Sareb will retain a 24.12% stake.