of the asset to its subsequent sale
In the wake of the housing crisis, now a decade ago, and the insolvency of some owners and real estate developers, most banks in Spain ended up among their assets with a series of properties of which many find themselves in an irregular situation.
This is a unique business opportunity for INMOCIN, who carries out the entire process, from the acquisition of the asset to its subsequent sale.
The Investment Advisor, the Investment Manager and Independent Director are part of the Investment Committee, whose main task is to ensure the nature of investments fall within the guidelines specified in the Investment Memorandum of the Fund. This gives investors an added level of comfort with regards to their investment.
The acquisition of properties in an irregular situation was tested at a pilot level with much success and led the team to develop it into a large-scale operation; INMOCIN Fund was therefore launched.