Intrum, a credit management services company, agreed to acquire Haya Real Estate, a real estate agency, for €140m from Invesco and Tikehau Investment Management. “This transaction extends Intrum’s strong Servicing franchise in Spain, one of our core markets and the second most profitable country across our footprint. It addresses one of the strategic priorities presented for 2023, Grow & Transform, by accelerating our commercial development and strengthening our secured loan and asset servicing plus expanding our business with key clients in our Franchise Markets. The deal economics are favourable with significant earnings accretion and a lowering of our leverage ratio while strengthening our valuable Servicing income stream”, Andrés Rubio, Intrum President and CEO.