(Visited 1 times, 1 visits today)
(Visited 5 times, 5 visits today)
(Visited 40 times, 1 visits today)
(Visited 47 times, 1 visits today)
(Visited 40 times, 1 visits today)
(Visited 45 times, 1 visits today)
(Visited 38 times, 1 visits today)
(Visited 17 times, 1 visits today)
(Visited 50 times, 1 visits today)
(Visited 45 times, 1 visits today)

npl-reo Market News: Spanish Real Estate Intelligence

Illimity reassures its investors concerning the Coronavirus emergency
02 April, Bebeez In a recent note sent to its shareholders, Illimity reassures about the impact of the pandemic on the business. Concerning distressed credits, the bank clarified that the existing portfolio had been valued according to the judicial evaluation criteria, meaning that the underlying assets had been valued at prices significantly lower than the market prices (-50% on average). Regarding the distressed assets, Illimity continues its investment activity with a minimal impact on the profitability of the division. Source: Bebeez Translator: Cristina Ambrosi