Sareb mulls Urbas rescue plan to unlock 20,000 homes

Juan Antonio Acedo, Urbas' largest shareholder, is finalizing a viability plan that would leverage Sareb's support to save the troubled construction firm and activate 20,000 homes. The plan is being adapted to meet bankruptcy administration demands, but its approval and funding remain uncertain. This matters because a successful rescue could stabilize a major Spanish developer and unlock significant housing supply, while failure would deepen the company's insolvency.