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Santander Reopens €2.5B RE Fund

Santander has reopened its property fund, Santander Banif Inmobiliario, after a two-year closure.

    Santanderhas reopened its property fund,Santander Banif Inmobiliario, after a two-year closure,Citywirereports. The €2.5 billion fund was officially reopened at the beginning of this month.

    The Spanish lender has raised around 10% of the vehicle’s total assets through the sale of some of its properties. The fund-raising has allowed Santander to avoid liquidation of its fund.

    Click here for the story fromCitywire.




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