Caja Madrid owns 9,000 homes, turns to rental market

I just read that Caja Madrid – Spain’s second biggest savings bank after La Caixa – now has 9,000 homes on its books, 24% more than December 2009. Are they a bank or a property company? The properties come repos and debt-for-property swaps, and they think the whole lot is worth 2.4 billion Euros, or [...]

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