Tag Archives: Project Gaudi

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

This gallery contains 1 photo.

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

Gallery | Tagged , , , | Leave a comment

Oaktree enters exclusive negotiations on Project Gaudi for circa €500m

This gallery contains 1 photo.

Oaktree Capital Management has entered exclusive negotiations with FMS Wertmanagement for the predominantly Spanish Project Gaudi commercial real estate loan portfolio for a price thought to be just north of €500m, CoStar News has learned. Negotiations are ongoing and the … Continue reading

Gallery | Tagged , | Leave a comment

Private equity funds prepare final bids for €740m Project Gaudi

This gallery contains 1 photo.

A trio of private equity funds are among four finalists which will submit binding bids next week for a €740m portfolio of predominantly Spanish commercial real estate loans, secured by a raft of prized assets including the Hotel Arts in … Continue reading

Gallery | Tagged , , , , , , | Leave a comment

FMS WM launches c.€750m Project Gaudi in maiden European loan portfolio sale

This gallery contains 1 photo.

FMS Wertmanagement (FMS WM) has launched the sale of its first European commercial real estate (CRE) loan portfolio four years after the bad bank was established to wind-up legacy Hypo Real Estate assets and derivatives. Cushman & Wakefield’s Corporate Finance … Continue reading

Gallery | Tagged , , , | Leave a comment