Hera holding |

21 Feb Abi-Cerved, leap forward in the credit deterioration rate in 2023

Posted at 13:27h in homepage

“Extreme economic uncertainty and negative expectations lead to a first increase in 2023 in the credit deterioration rate since 2012”. This is what emerges from the latest Abi-Cerved Outlook on non-performing loans for companies

22 Jun EY: Npe, Italian stock expected to rise up to 402 billion in 2024

Posted at 13:36h in homepage

The Italian stock of NPE is destined to increase dramatically in the next two years, going from 330 billion in 2021 to 369 billion in 2022, up to 402 billion in 2024.

26 May Italy’s Central Bank: loans belonging to the commercial real estate sector (CRE) are the riskiest

Posted at 08:16h in homepage, News en

"In the second half of 2021, the vulnerability of Italian banks coming from real estate exposures remained at historically low levels".

29 Mar Pandemic, geopolitical crisis and real estate market. How is the sector reacting and what effect on NPEs? The interview of our Managing Director, Paolo Zago, to the Italian Real Estate 4.0 Committee

Posted at 08:17h in homepage, News en

Crushed between a pandemic and a war at the gates of Europe, the real estate sector is experiencing a particular market phase. Despite everything, years 2021 and the beginning of 2022, compared to the previous year, recorded in our country good signs of recovery with an increase in real estate investments of 6%. However, each asset class responds differently to external conditioning and each requires specific evaluations.

01 Aug The GACS: an instrument created to facilitate divestments — what developments lie ahead?

Posted at 12:56h in homepage, News en

As desired by many, the use of the government guarantee instrument on impaired credit securitisations (GACS) has been extended. Approved in February 2016 and extended into May 2019, it will now be valid until 14 June, 2022.

04 Jul Héra Holding attended to “Il Sole 24 Ore Utp summit”

Posted at 10:03h in homepage, News en

The UTP Summit organized by Il Sole 24 Ore Eventi on the 26 of May has highlighted many different and interesting topics.

24 Mar Real estate: Héra Holding, alongside banks to bring companies out of the crisis

Posted at 09:02h in homepage

A real estate developer who begins to have difficulty in completing an initiative, paying suppliers and loan instalments with the bank. But instead of going through the different steps of the classification of 'impaired' operations (Past due, Utp and, finally, Npl, with all that it entails, it is joined by a specialized company that helps it to get out of the crisis, to complete the work and honour what is due.

26 Jan Securitisation of proceeds arising from the ownership of real estate

Posted at 10:23h in homepage

This short article represents an attempt to shed some light and to bring together all the individual information currently available on the “securitisations of real estate”. Its purpose is to deal with the following issues: legislation and structure of vehicle companies; form and tax regime of Special Purpose Vehicles (SPVs) for property securitisations incorporation - securitisation - finalisation of the sale of a real estate SPV 130.

09 Sep Héra Holding, technical advisor to Héra Zest NPE fund

Posted at 08:10h in homepage

Zest Asset Management has launched its first fund specializing in real estate-secured distressed loans. Named Héra Zest Npe Fund, this alternative investment fund will purchase NPE (non-performing exposure) from banks or other institutional organizations to turn them into value creation projects.

05 Sep Héra Holding’s General Manager, Paolo Zago, speaks at MIV DAY at Borsa Italiana (Market for Investment Vehicles)

Posted at 08:11h in homepage

On 4 September 2019, Héra Holding S.p.A.’s General Manager, Paolo Zago, spoke at the MIV DAY organized by the Italian stock market, Borsa Italiana, entitled "Alternative Investment Funds: #MIV- Market for Investment Vehicles in the Real Economy”.