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HomeLatest NewsCaixaBank chooses Intrum, Azora and Haya to manage its real estate portfolio

CaixaBank chooses Intrum, Azora and Haya to manage its real estate portfolio

Date: April 24, 2024 Time: 09:42:13

CaixaBank, through BuildingCenter, has awarded the management of the real estate portfolio to Solvia-Intrum, Azzam (Azora) and Haya Real Estate. The first will be in charge of the sale and maintenance of the properties from the CaixaBank portfolio. The second firm will be dedicated to managing rentals and the last one, Haya, will be the one dedicated to maintaining the properties from Bankia’s portfolio.

BuildingCenter “has considered it appropriate to put out different tenders to have the best service provider” for each of the main stages of its value chain: sale, rental and maintenance, the entity has assured and Europa Press reports.

For its part, the company Azzam, a servicer specializing in the comprehensive management of residential rental assets, has been chosen to manage the rental of the properties in the portfolio for the next two years, with the possibility of extending for another year. For its part, Haya Real Estate has been the winner of the contest for the maintenance of properties in the portfolio originating from Bankia. Currently, Haya is in charge of the commercialization of these assets, a management that it will continue to carry out.

Contract duration

The new contract, exclusively for the maintenance of the buildings, will have a duration of three years, extendable for a period of 18 more months, if so agreed by BuildingCenter. With the choice of Haya Real Estate, continuity is given to the operating model of the BuildingCenter portfolio, by maintaining the award to the same provider for commercial and technical services.

The company has indicated that at the time the announced purchase of Haya Real Estate by Solvia-Intrum is closed, this company will be the sole servicer for CaixaBank as regards the sale and maintenance of real estate. Lastly, the company has reported that, in this new relationship model with providers, the company has decided that it will work with its own systems, to which the chosen service providers will connect.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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