- The amount corresponds to the deferred price for the purchase of finalist real estate assets from the bank in 2019.
- NYESA returns 81 assets that it considers unsuitable and keeps 46 unencumbered and ready for immediate marketing.
- Most of these 46 assets are located in the province of Toledo, currently a focus of high real estate interest.
NYESA VALORES CORPORACIÓN, S.A. has reached a definitive agreement with Liberbank (Unicaja Banco) whereby the entire debt of 2,850,000 euros contracted with the bank is cancelled.
The amount of the debt corresponded to the deferred price for the purchase in 2019 of an important package of finalist real estate assets of different types from Liberbank Group companies, which together exceeded 20,000 square metres of built surface area.
NYESA has not had to pay any amount, but rather the approach has materialised through the return of 81 assets that the company considers unsuitable, of the 127 it currently held, and the maintenance by NYESA of the remaining 46 assets, on which, moreover, the resolutory condition has been lifted and, therefore, they have been left free of encumbrances and ready for immediate commercialisation.
Precisely, most of these 46 assets are located in the province of Toledo. It is currently an important focus of investment and real estate interest, mainly due to its proximity to Madrid, with much more affordable prices, as well as the large number of investment projects being undertaken in the province.
A list of good news
The agreement reached is part of the company's priority objectives to work on debt reduction and to consolidate the financial restructuring process that provides greater certainty and authenticity to the project proposed by NYESA on the basis of its Viability Plan.
The fact also comes to join the list of good news that the company has generated in recent months. From the approval, in February, by the CNMV of the prospectuses of the last two capital increases, which raised the company's share capital to 91.83 million euros; to the latest results presented by the Group at the end of the same month, corresponding to the end of 2021, which presented a positive financial result of 14.86 million euros and a net profit of 9.81 million.