As Europe’s banks face pressure to offload non-performing loans (NPLs), investors are showing interest as a way of accessing real estate in a stock-poor market, and a new data-driven approach could help navigate decisions.
Europe’s commercial real estate recovery may have helped take the continent’s distressed legacy out of the limelight, but around €900 billion of non-performing loans remain on bank balance sheets.
Earlier this year, the European Central Bank announced rules requiring banks to make full provisions for losses on new NPLs. More pressure on banks to sell NPLs is likely to stimulate interest among investors at a time of increased competition for real estate and a lack of stock to satisfy…
