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auctions

EU raises concerns over judicial obstacles to auctions
Featured

EU raises concerns over judicial obstacles to auctions

20 June 2024 Editors

Despite the fact that the restructuring of problem loans by servicers is progressing, it continues to face difficulties, points out…

48 hotels to go under the hammer by end year
Business

48 hotels to go under the hammer by end year

19 June 2024 Editors

Dozens of hotel businesses of all categories are expected to go under the hammer in coming months, with the first…

Properties worth more than 1 bln euros to go under the hammer
Featured

Properties worth more than 1 bln euros to go under the hammer

4 April 2024 Editors

More than 10,000 auctions are scheduled to be held in the next six months, with properties worth more than €1…

Time-consuming auctions threaten securitizations
Featured

Time-consuming auctions threaten securitizations

29 February 2024 Editors

Loan servicers say that serious problems have arisen in the holding of electronic auctions as the execution procedures exceed two…

Success rate of home auctions remains low
Highlights

Success rate of home auctions remains low

5 February 2024 Editors

The percentage of real estate auctions that are succesfully concluded remain low. According to the data of the consultancy and…

14,000 real estate auctions planned worth €1.3 bln
Featured

14,000 real estate auctions planned worth €1.3 bln

27 October 2023 Editors

About 14,000 new property auctions worth an estimated 1.35 billion euros are expected to be held in the next ten…

Two-month suspension of auctions by servicers for those hit by natural disasters
Experts

Two-month suspension of auctions by servicers for those hit by natural disasters

13 September 2023 Editors

Relief measures for those affected by the Daniel disaster were announced by the Association of Loan and Credit Claims Management…

Tax office to move ahead with 50 auctions over summer
Buzz Talk

Tax office to move ahead with 50 auctions over summer

9 June 2023 Editors

Residences, maisonettes, warehouses, commercial buildings, parking lots and plots of land will be sold by the Independent Public Revenue Authority…

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%
News

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%

3 March 2023 Editors

More than one in four properties sold by auction went for a reduced price of between 20-35%. These are the…

Pre-election thoughts on three auction interventions
Featured

Pre-election thoughts on three auction interventions

21 February 2023 Editors

The government seems to be weighing up legislative intervention to further protect primary residencies from auctions, according to sources, at…

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  • The Middle East is rewriting the terms in the real estate market
  • The benefits for Cepal, doValue, and Intrum from the Starbucks deal
  • Bank of Greece: Non-performing loan ratio at the European average
  • A platform for the secondary sale of non-performing loans is coming
  • Close supervision of securitizations by the State
  • KPMG in the role of auditor for securitizations
  • Loan restructurings by servicers in March
  • Limited interest in the Intermediate Program for the protection of the primary residence
  • Real Estate Authority: New extension for binding offers
  • Individuals and businesses in Greece have borrowed an amount equivalent to one GDP
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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