JPW’s Italian Alliance Partner buys €305m loan portfolio

ICADE European Alliance member, FBS Real Estate, has finalised the purchase of a €305m non-performing loan portfolio (NPLs) from Banca Marche, Italy.

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.

Click here for more information on Banca Marche and FBS

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:


FBS Real Estate, Italy

ICADE Conseil, France

Immofori, Germany

For further information please click here

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