Will Property Prices Rise

Will Property Prices Rise

According to Premier Marbella news sources, property prices in Ireland rose in June for the first time in five years since the crisis erupted. Experts are already saying that the worst of the crisis (when property values depreciated by 50%) may have passed....
Spanish Bad Bank Accounts

Spanish Bad Bank Accounts

According to Premier Marbella news sources, Spanish Bad Bank SAREB the asset management company for bank restructuring in Spain has sold since late February (when it signed contracts to manage the toxic assets of banks) to May a total of 550 properties. In addition to...
PricewaterhouseCoopers Spain

PricewaterhouseCoopers Spain

According to Premier Marbella news sources, PricewaterhouseCoopers say property prices are bottoming out in Spain. The partner of PricewaterhouseCoopers (PWC) responsible for real estate, Juan Velayos, believes that the price of housing in Spain “is bottoming...
Sareb Sell Spanish Properties

Sareb Sell Spanish Properties

According to Premier Marbella news sources, under the new business plan Sareb intends to sell the 98,000 Spanish properties, a portfolio valuing 13,600 million euros, returning an average price value of 138,775 euros per property. The plan anticipates price declines...
Grupo2 Move Assets to Sareb

Grupo2 Move Assets to Sareb

According to Premier Marbella news sources, on Thursday, the group of banks in Grupo2, composed of CEISS, Liberbank, BMN Box3 will transfer their bad assets, valued at 15,000 million euros, Sareb. The transfer of assets from Grupo2 comes after the entity has increased...