Due diligence consists of the appraisal, verification and analysis of the history and technical issues underpinning a given NPE in order to get a snapshot of the real status of the underlying real estate as the first step towards maximum value generation.
Due diligence involves:

• Valuation: we are able to value individual assets, real estate portfolios, NPLs and UTPs according to the best valuation methods: income approach, DCF, and comparative assessments.
• Legal analysis: our legal office supports the Advisory Division during due diligence into all legal aspects to get a clear picture of the current status of the property and how the workout procedure should be structured.
• Accounting and tax assessment: every deal involves an in-depth assessment of the indebted company’s balance sheet and any eventual collateral obligations it might have. This is followed by a close look at the diverse fiscal impacts any acquisition and workout process would have.
• Real estate valuation: the Advisory Division (Real Estate Section) assesses the legal implications of the underlying asset, looking at both the urban and administrative regulations involved – existing urban planning constraints, whether bound by any municipal agreement, specified use obligation, existing permits, etc.- as well as the real estate specifics: estimated square meters, state of completion, and worksite timeframe.