Moonlake Capital has €600 million to buy toxic assets in Spain

Focused to expand its presence in Spain, Moonlake Capital has €600 million to acquire in large portfolios of non-performing loans backed with mortgages in Madrid, Costa del Sol, Balearics, Valencia and Seville, through a new investment vehicle.

With this new vehicle – to be officially launched during next year, that will work as the fund’s servicer by manging and selling the assets included in the portfolio – the company headquartered in Madrid will start to compete with names such Servihabitat, Altamira, Solvia and Haya Real Estate, among others.

Original Story: EJE Prime |:Marta Casado Pla
Photo: Photo by Pablo Rodríguez from FreeImages
Edition & Translation:Prime Yield