Altamira launches an online platform to sell 120,000 properties

El servicer propiedad de Fortress y Santander pone en marcha una herramienta con la que controlar todo el proceso de gestión de los más de 100.000 activos inmobiliarios que tiene en cartera.

Altamira Asset Management, the Servicer created by Santander for the management of awarded assets and, since June, controlled by Dovalue (Fortress), wants to accelerate the sale of real estate assets that it currently manages, and that exceed 100,000 units, between residential, soil andTertiary use properties (offices and premises).

To do this, the company participated in 85% by the Italian group Dovalue and the remaining 15% by Banco Santander, has created an online asset management platform."We want to anticipate the market and offer the first digital platform of a service that allows you to control the entire process," explains Marcos Beltrán, real estate commercial director of Altamira.

This new online tool, available for computer, mobile and tablets, aims to facilitate the work of the thousand real estate property agents (APIS) with which the service works."You provide greater digitalization, since most APIS in Spain work on paper or in the outlook or Excel. This tool will allow them to have a more effective management of their time, having all the information always visible, with a personal assistantand alerts of relevance, and the possibility of signing contracts through the mobile. "

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The initiative will be operational from today for the 1,046 offices that work as points of sale of Altamira, accelerating the liquidation of the 100,000 real estate assets (also manages NPLy inmate loans) that the Servicer sells, and that are owned by banks and investment funds."With pilot tests, we hope you can increase the billing of our suppliers significantly. We have been working for six months on this platform, with a very high investment, and one of the objectives is to attract more agents or brockers to our network".

Parallel to its new plan, Altamira plans to incorporate new product into its portfolio, thanks to the portfolios currently for sale."In Spain, there is still the opportunity to buy portfolios and the funds we work with, they are interested. For what we expect in the coming months to increase our adjudicated management contracts," says the head of Altamira.

Sareb

Among the customers of the Serb, with whom he maintains his contractual relationship outside the renegotiations that the 'Malo Bank' has posed this year with other management entities."We have 2.5 years of contract and the one signed does not allow renegotiation, which has not proposed any change."

In June, Dovalue (before Bank) made the purchase of 85% that Fortress had of Altamira effective.With the integration of both firms, the largest servicer in southern Europe was created, with more than 130,000 million assets under management, valued at 50,000 million and presence in five markets: Spain, Italy, Portugal, Cyprus and Greece.At the time of purchase, Dovalue estimated an income of 255 million euros and an EBITDA of 95 million for Altamira in 2018.