Consejo de Administración de la Sociedad de Gestión de Activos procedentes de la Reestructuración Bancaria, S.A

Integrated maintenance and refurbishment of bank-restructuring assets across Spain

The buyer, Sareb (the asset management company created from Spain's bank restructuring), wants a mixed services and works contract. It covers maintenance, adaptation and fit-out of a set of its assets. Assets include land, flats (single or in developments), unfinished works and finished buildings, for residential and other uses. The scope is set in advance by Sareb's servicer or its approved suppliers. The contract is split into six geographic lots.