As part of a broader NPL program and in line with the strategy of the 2022-2024 business plan, ARC REAL ESTATE announces the purchase of a new portfolio increasing the volume of AUM.
Massimiliano De Castro, CEO of ARC Real Estate, does not hide his satisfaction and states: "The deal completed through a multi-originator structure called "Mercurio" has a GBV of 8 milion euros , sold for €2.3 million by Banca di Credito Cooperativo di Fano and for €5.7 million from Banca del Valdarno. The NPL market is a growing market, as reported by the Marketwatch Npl. For the three-year period (between 2022 and 2024) we expect an increase in non-performing loans close to 90 billion euros".
"We have consolidated the financial structure adopted for the latest purchase, which remains an innovation in the NPL sector; keeping the investor value focus high" affirm Alessandro Grillo, CFO and director of ARC Real Estate.
The ARC Real Estate team
