A new multimedia classroom for the Manzoni high school in Erba. The classroom, intended for the IT lessons of the school's students, was equipped with new computers that Héra Holding had the pleasure of giving.
Crushed between a pandemic and a war at the gates of Europe, the real estate sector is experiencing a particular market phase. Despite everything, years 2021 and the beginning of 2022, compared to the previous year, recorded in our country good signs of recovery with an increase in real estate investments of 6%. However, each asset class responds differently to external conditioning and each requires specific evaluations.
As desired by many, the use of the government guarantee instrument on impaired credit securitisations (GACS) has been extended.
Approved in February 2016 and extended into May 2019, it will now be valid until 14 June, 2022.
A real estate developer who begins to have difficulty in completing an initiative, paying suppliers and loan instalments with the bank. But instead of going through the different steps of the classification of 'impaired' operations (Past due, Utp and, finally, Npl, with all that it entails, it is joined by a specialized company that helps it to get out of the crisis, to complete the work and honour what is due.
This short article represents an attempt to shed some light and to bring together all the individual information currently available on the “securitisations of real estate”. Its purpose is to deal with the following issues: legislation and structure of vehicle companies; form and tax regime of Special Purpose Vehicles (SPVs) for property securitisations incorporation - securitisation - finalisation of the sale of a real estate SPV 130.
Zest Asset Management has launched its first fund specializing in real estate-secured distressed loans. Named Héra Zest Npe Fund, this alternative investment fund will purchase NPE (non-performing exposure) from banks or other institutional organizations to turn them into value creation projects.