ISC Freshwater Investment, advised by Moor Park Capital Investors, has mandated Aguirre Newman and Cushman & Wakefield to sell a portfolio of 48 Sabadell bank branches, Ivan Fernández-Valdes of Aguirre Newman told PropertyEU.

ISC Freshwater Investment, advised by Moor Park Capital Investors, has mandated Aguirre Newman and Cushman & Wakefield to sell a portfolio of 48 Sabadell bank branches, Ivan Fernández-Valdes of Aguirre Newman told PropertyEU.

ISC Freshwater is the investment vehicle through which Moor Park and other investors bought a portfolio of 378 Sabadell assets in April 2010 in a EUR 403 mln sale-and-leaseback transaction. The company has now decided to dispose of individual assets or smaller portions of the portfolio through a bidding process. The assets are mostly located in Madrid and Barcelona and offer a stable rental income on a long-term basis.

'It is a unique investment opportunity for those investors looking for a very safe investment, allowing savings to be protected from inflation and to benefit from an expected rise in real estate values,' Aguirre Newman said.

ISC Freshwater is believed to be controlled by a number of real estate funds and institutional investors including Matterhorn Capital, the investment vehicle of property tycoons Anthony Lyons and Simon Conway, New York-based private equity firm Och Ziff and the Livingstone Brothers' London & Regional.