Home NPLs

NPLs

Symi town cityscape, Dodecanese islands, Greece
Private equity firms which bought legacy loan portfolios in recent years face the challenge of keeping workout plans on target.
Growing pressure on Europe’s banks due to the pandemic could hinder their ability to continue lending into commercial real estate at pre-virus levels.
Johnny Horgan, the managing director of BidX1, a property trading platform, explains how the rise of a digital marketplace is a value-add to investors and managers.
Greece and Italy look like attractive countries in the sector.
Although billion dollar-plus NPL deals may be fairly common in Europe, China’s market offers fewer big ticket opportunities for international investors.
Spain’s ‘bad bank’ is selling a pool of non-performing residential loans with a face value of around €400 million in a pilot scheme.
Sales at Banco Popular and BBVA, however, are a substantial chapter in the country’s broken debt clean-up story, writes Juan Barba, managing director at Meridia Capital.
The New York-based firm will finance the deal mostly through debt as it uses equity from its €7.8 billion Europe V fund.
Spanish bank Banco Popular has entered exclusive talks with Blackstone over the sale of a majority stake in its €30 billion property portfolio, the bank said in a statement released on Monday. Blackstone has agreed to acquire 51 percent of Popular’s portfolio, comprising repossessed assets worth an estimated €18 billion and €12 billion of non-performing […]
Slovenian lender Abanka is selling a portfolio of European non-performing loans (NPLs) with an original value of about €246 million. The country’s third largest bank said the portfolio comprises “well-diversified” non-performing loans against a variety of different companies, the majority of which have real estate assets as their collateral. The sale process, currently in its […]
rec
rec

Copyright PEI Media

Not for publication, email or dissemination