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The global financial crisis saw the largest-ever sell-off of non-performing loans. The covid-related disruption may not be as bountiful for NPL investors, but it will offer select opportunities.
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.
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Investment banking company Evercore recorded €63bn of legacy real estate loan and asset sales by the region's banks in 2019.
The firm intends to raise €2bn by the end of the year, and said there are huge opportunities as banks continue to dispose of non-core assets.
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.
James Macdonald, head of China research at Savills, explains why the country’s developers will increasingly turn to international lenders for finance.
Symi town cityscape, Dodecanese islands, Greece
Domestic banks are under pressure to reduce their bad loans and are on track to meet their targets.
Almost a decade after the country required a bailout from the IMF and EU, institutional interest in Greek real estate is on the up.
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