Haya Real Estate agrees an ERE for 185 people after losing the contracts with Sareb and Unicaja

Haya Real Estate has reached an agreement with the majority of the workers’ representatives with a representation of more than 86% to approve an Employment Regulation File (ERE) that will affect 185 people.

The servicer began the process of adjusting its structure on , “to achieve a more efficient, agile and appropriate organization for the current situation and market demands” after the end of its contracts with Sareb and Unicaja.

The figure agreed for the ERE is 26% lower than that initially raised, “the result of the company’s effort to reach a satisfactory agreement for all parties to the negotiation,” the company points out. Likewise, the agreement provides for the opening of a period for voluntary assignment to the ERE within the areas affected by the reorganization of the company.

The main economic conditions of the ERE include the payment of compensation of 31 days of salary per year worked with a maximum of 23 monthly payments, plus some linear amounts based on the time of service in the company. In addition, it has been decided to especially protect situations of difficult employability by establishing additional premiums for people over 50 years of age.

Finally, the company will also open a relocation plan with a leading specialized company in the sector for all the people affected by the ERE who want to join it and acquires the commitment to include the people affected in future selection processes, for that matter. that new contracts with clients were entered into this year.

This new organizational structure will allow Haya Real Estate to set up a profitable organization that will allow it to continue focusing on “innovative solutions for its clients and prepared to take advantage of the opportunities offered by the sector in the medium and long term”, the company explains that it is owned by the Cerberus fund.

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In this sense, the company considers it essential to adapt to the constant evolution of the market in order to respond to the new challenges of the environment and at the same time continue to offer a high-quality service to its customers.

Haya currently manages financial and real estate assets and vehicles for a wide variety of clients, from financial institutions to international investors, and in total is responsible for 28.5 billion euros in assets under management at the end of March 2022.

Its main clients include BBVA, CaixaBank, Cajamar, Sareb and Unicaja, as well as funds such as Cerberus Capital Management itself.

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