CatalunyaCaixa raises EUR 1.3b from housing activity

By A staff reporter 2012-01-20T00:00:00+00:00

Catalan savings bank CatalunyaCaixa has sold nearly 6,500 housing units in 2011, raising a total of EUR 1.3 bn. In a statement on Friday, the lender said the volume represents an increase of 35% on the year before and includes the sale of roughly 4,700 assets and the leasing of a further 1,700.

Catalan savings bank CatalunyaCaixa has sold nearly 6,500 housing units in 2011, raising a total of EUR 1.3 bn. In a statement on Friday, the lender said the volume represents an increase of 35% on the year before and includes the sale of roughly 4,700 assets and the leasing of a further 1,700.

Around 90% of the units being sold is located in Catalunya, Valencia, Andalucía and Madrid.