Siemens Gamesa identified several issues to address before the property could be considered suitable security for the lender.
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Publisher name
Public post
We bought this property for £39,999 cash. A few months later, a surveyor valued it at… £0. Our first ever nil valuation. This was also the first property my brother and…
Company
Siemens Gamesa
- Industry
- Renewable Energy Semiconductor Manufacturing
- Location
- Zamudio, ES
- Company size
- 10,001+ employees
About Siemens Gamesa
Siemens Gamesa is a global technology leader in the renewable energy industry - specifically in the development, manufacturing, installation and maintenance of wind turbines. Being a pioneer in renewables since the 1980s, we put our scale and entrepreneurial culture to work on driving the energy transition towards a sustainable world. We empower our customers, people, and partners to lead the future with green energy. Siemens Gamesa is a trademark licensed by Siemens AG.
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Latest activity from Siemens Gamesa
10 signals
Capital & Finance
Siemens Gamesa estimated that a new strategy with the property would generate approximately £200 per month additional cashflow compared with a standard BTL.
Capital & Finance
Siemens Gamesa completed the surveyor valuation of the property with a nil valuation.
Capital & Finance
Siemens Gamesa completed a full refurbishment and decided to test a new strategy with the property.
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