Blackstone secures a state 'super-contract' for housing management as the government labels it a "vulture fund"

The US investment fund Blackstone has finalized a major state housing management contract with Sareb, involving the administration of thousands of residential properties, including social housing, destined for the state-owned housing enterprise.

This development coincides with the Spanish Government designating Blackstone among entities it refers to as "vulture funds," highlighting a notable political tension surrounding the involvement of private international capital in public housing management.