The portfolio consists of 18,658 credit lines for 5,849 borrowers and has a gross book value of €305m. The transaction will allow the Bank to reduce the number of NPLs, improve servicing and management of the loans and increase the efficiency of the recovery. The in depth due diligence undertaken by FBS enabled Banca Marche to obtain better pricing than previously expected. Banca Marche was advised by Rothschild and Studio Sabelli.
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ICADE European Alliance
The ICADE European Alliance offers clients an integrated real estate service on a pan-European basis. With offices in London, Paris, Hamburg and Milan, the alliance seeks to share resources, best practice, skills and knowledge to provide real estate solutions in Loan Servicing, Investor Services, Corporate Real Estate Advice and IT Services. The alliance is formed of the following members:
JPW, UK
FBS Real Estate, Italy
ICADE Conseil, France
Immofori, Germany
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