NPL’s (Non-performing loans)

Since 01/01/2018 we have been undertaken a number of instruction as regards the determination of property Market Value of NPL’s portfolios in Greece. Our clients are international well known funds, asset management entities, as well as, auditors and other consultancy companies. We have already valued properties of a total value of 400.000.000 euro that belongs to Kairos, Jupiter, Pixel and Symbol portfolios.

 Client

 Portfolio

Name

 Bank  Number of
Properties Valued
 Total Value
Qualco Kairos  Attica Bank  131 203.857.680 €
Oaktree Jupiter Alpha Bank  50 70.146.765 € 
Arbitrage Jupiter  Alpha Bank  18 41.314.550 € 
Resolute Jupiter  Alpha Bank  50 27.030.198 €
Arbitrage Jupiter Alpha Bank   20 20.087.507 €
PwC Pixel Eurobank  74 3.516.458 € 
Resolute Symbol National Bank 51 15.708.404 €


Our experience in the field of NPL’s property valuation is growing very fast. We are already in the process of undertaking a good number of property valuations on behalf of an International fund.

 

So far the overall picture in Greece as regards the non-performing loans is the following:

 Buyer

(Fund)

Portfolio

Name

Seller

(Bank)

Transaction

 

Loans Value

(with interest)

Nominal Loans Value

(w/o interest)

Transaction as %

of Book Value

Properties

Collateral

Carval & Intrum

Earth National Bank 110.000.000 €  5.200.000.000 € 2.000.000.000 € 6,0 % NO
Intrum Eclipse Eurobank 45.000.000 € 2.800.000.000 €   3,0 % NO
Brain Capital Credit Amoeba  Pireaus Bank 432.000.000 € 1.950.000.000 €   30,0 % YES
B2Holding Venus  Alpha Bank 90.000.000 € 3.700.000.000 € 2.000.000.000 € 10,0 %

NO

APS Arctos Pireaus Bank 50.000.000 € 2.200.000.000 €   5,0 % NO
Apollo Jupiter Alpha Bank 337.100.000 €  

800.000.000 €

33,6 %

YES

Hoist Finance AB Mercury Alpha Bank 76.000.000 €   1.900.000.000 € 5,8 % NO

 

Do you need a certified valuation of your property?

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