Haya Real Estate, one of Spain’s leading companies in the management of debt and real estate assets reached record volumes with 20,838 assets in its lease portfolio in 2018, which represents an increase of more than 50% compared to the previous financial year.
At the close of 31 December 2018, Haya’s lease portfolio was valued at more than 2 billion euros and its average profitability was around 5%. The more than 20,800 assets managed under lease correspond to six large customers, which include banking entities, asset investors and insurance companies.
. In the last three years, the company has registered cumulative growth of 192% in the number of leased assets.
At the close of the previous financial year, the Haya Real Estate’s lease portfolio was made up of 78% residential assets, compared to the remaining 22% which is made up of tertiary assets, like offices or logistical warehouses. Region of Valencia (16.2%), Catalonia (12.8%), Madrid (12.0%) and Andalusia (11.3%) are concentrated the rest of the available portfolio. 57% of its portfolio is atomised.
Haya offers cover for all of the real estate cycle, from the credit management to the marketing of the property, also including the asset promotion and management. In addition, the company offers support in decision-making through its Advisory area and an alternative for the financing of projects through asset securitisation.
Original Story: EJE Prime | PR
Photo: Haya Real Estate
Edition & Translation: Prime Yield