04 Jul Héra Holding attended to “Il Sole 24 Ore Utp summit”
The UTP Summit organized by Il Sole 24 Ore Eventi on the 26 of May has highlighted many different and interesting topics.
UTP loans’ stock is foreseen to increase up to an amount between €50 and €100 billion and a proactive management might represent a crucial economic recovery factor. Such loans concern small and medium enterprises which are still “economically alive” and need support in order to overcome this critical period, but the time factor is key.
Few actors are involved at the forefront: investors, who cannot expect as quick recovery periods as with NPLs, since the UTP market is not as opportunistic; distressed entrepreneur, who need to put in place a positive attitude in order to participate as active players of the enterprise’s recovery and to be willing to share information; business operators, which are meant to be qualified and to use a tailormade approach, regardless of the single loans’ sizes.
Restructuring practices will show an increasing and consolidating path, to ensure ad hoc actions.
As far as concerns Real Estate, distressed assets are gaining increasing interest among investors: the industry is getting more structured and acquiring awareness of its relevance. Relaunching the real estate means to start up a very important revenue stream, with relevant and positive social and economic impact.