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Access here alternative investment news about Tpg To Acquire 75% Of Housing Reit From Spain's Bad Bank | News | Ipe Ra
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Tpg To Acquire 75% Of Housing Reit From Spain's Bad Bank | News | Ipe Ra

by realassets.ipe.com posted 2weeks ago 9 views
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.

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