Tag Archives: Grupo Lar

Oaktree secures Grupo Lar back bid for Project Gaudi’s Megapark Barakaldo as FMS Wertmanagement considers Netherlands and Italian NPL sales

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Oaktree Capital Management closed the purchase of the reduced FMS Wertmanagement Project Gaudi non-performing loan portfolio paying around €260m all cash, after a back bid sale of the Bilbao shopping centre to Grupo Lar and the removal of two loans prior to … Continue reading

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Ivanhoe Cambridge and Grupo Lar refi Islazul as banks look to Spain for relative value

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Ivanhoe Cambridge and Grupo Lar have refinanced their joint venture Spanish shopping centre, Islazul, with a €97.5m five-year senior loan from West Immo, Natixis and BAWAG, as the country’s beleaguered banking market shows signs of nascent stabilisation. West Immo and … Continue reading

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