npl-reo Market News: Spanish Real Estate Intelligence

The servicer Diglo owns a portfolio of assets under management worth more than 5 billion euros divided between problem assets and real estate.

Banco Santander's servicer has closed its fourth major transaction after completing the sale of two hotels and a last-mile warehouse in the last three months.

The volume of NPLs in Spain decreased by 5% during 2021 from the 83.3 billion euros registered in Q2 2021 and has fallen further still during 2022 to date.

Following on from their recent Global event in London, SmithNovak is now turning their attention to the Iberian market, with an event in Madrid entitled NPL Iberia 2022. Brainsre.news, partner of NPL Iberia, met with Günther Haltermann, country director for Iberia at Debitos, to discuss the impact of technology on the market. Questions and answers

The portfolio is made up of more than 200,000 operations, most of which are located in the provinces of Barcelona and Madrid.

According to Alexandros Efstratoglou, Business Development Director at Relational, technological advancement has always been “one of the strongest catalysts” in debt management. For this reason, understanding and mastering it is a plus for companies looking to optimise their resources. Efstratoglou highlights current trends – such as personalised processing and the incorporation of portfolio data and

What is the situation of the NPL market in Spain, and what impact will increased levels of defaults have on the real estate market? How has new regulation impacted the market, what NPL volumes will emerge in the coming years, and will there be a wave of NPLs similar to the one that occurred during the previous crisis of 2008?

On Thursday, September 15th, DDC Financial’s European Investment Summit will gather leading protagonists of the European NPL community in central Madrid.  A wide-ranging program of discussion sessions and networking opportunities can be expected, keeping participants up to date on the latest developments and trends in the current volatile market. This meeting will provide an overview

Leopoldo Puig, the new CEO, was until now the bad bank's Financial and Corporate Director.

Several servicers have expressed interest in an operation, but any deal seems unlikely at the moment given Haya's complex financial situation.