Recent quotes:
MADRID—Spain's "bad bank" is set to change how it markets and sells around €50 billion ($68.5 billion) worth of properties and real-estate loans, a move that could open the door for international investment funds to deepen their involvement in the country's real-estate market. No more than four investment firms will be selected in coming months to market and sell the pile of properties and real-estate loans held by the bad bank, according to an executive at the company, known by its Spanish acronym Sareb. The executive declined to be named. Sareb recently said it made a loss of €261 million last year. The bad bank was created in November 2012 as a depository for the most troubled Spanish banks to unload €51 billion in risky real-estate loans, residential foreclosures, unfinished commercial properties and undeveloped pieces of land.