Thinking about the players (buy and sell) who want to be actively involved in the transaction of this type of assets, the company created the new business area NPL & REO Services, also supported by Prime AVM & Analytics, an advanced technological solution that allows NPL’s investors and sellers to have property valuations in a fast, simple and reliable way both for single assets or entire portfolios (RESI or CRE). Prime Yield is regulated by RICS and REV, also holding a certification in Quality and Environmental Management (NP EN ISO 9001 and NP EN ISO 14001).
> Residential AVM by Prime AVM > Portfolio Valuation (Residential + CRE) by Prime Analytics > RICS/TEGoVA Valuations
> Highest and Best Use Analysis by Argus Developer® > Urban Planning > Feasibility Analysis
> Housing Intelligence > BPO > CRE Benchmarking
> Prime AVM is a new solution for the property valuation market developed by Prime Yield.
> This AVM (Automated Valuation Model) uses an algorithm that is scientifically validated to estimate the value of a property always in a valuer-assisted basis.
> One of Prime AVM's differentiation factors is the ability to valuate both single assets and portfolios, using a set of 90 variables that increase the level of information about the asset. And, in addition, this system can work as a benchmark to other valuations, thus being an added value service.
> Prime Yield can help you maximize the value of your assets: we have the skills and experience to provide you with an accurate valuation of both commercial and residential properties within your diverse portfolio.
> Our portfolio valuation services are based in the Prime AVM & Analytics platform that allows to: i) optimize the return of the property portfolio, ii) ensure that the property portfolio is valuated in accordance with real market value, iii) reduce internal costs, iv) establish a deadline for performing valuations.
> Prime AVM platform allows the user to set up the valuation of an entire portfolio.
> Prime Analytics, which is a complement of Prime AVM, allows a more in-depth analysis that explores additional layers of information for strategic acquisition purposes, fraud detection, risk concentration, forecasting and roll-up sessions.
> Valuations under international regulations.
> Valuations according to standards of the Royal Institution of Chartered Surveyors (RICS) and in accordance with the International Valuations Standards (IVS).
> Valuations according to European Valuation Standards (TEGoVA).
> Prime Yield provides HBU analysis of new developments or redevelopments through the Argus Software Developer.
> The highest and best use determine the solution that maximizes the land use regarding a market study and economic feasibility analysis.
> Strategic consulting in urban planning, creating a mix of occupation to the development, allowing an integrated approach and maximizing the economic potential of the assets.
> We analyze and follow up urban management processes with the various entities of the Public Administration.
> Set up the mix of occupation and the its integration in a project design.
> We provide sensitivity analysis, considering several scenarios in terms of costs and income.
> Immediate online access to the information and analysis you need. Access to the property’s geographic and sociodemographic environmental information complementary to indicators such as asking prices and rents.
> Our platform provide access to unique datasets of market monitoring.
> Desktop broker price opinion (BPO) based on comparable evidences with similar properties on the market.
> Drive-by broker price opinion (BPO) with benchmark of the neighborhood of the asset.
> These services include detailed analysis and assessment, comprising both qualitative and quantitative features of the business (efficiency of the occupation).
> Benchmarking gives the access to local and customized data to improve the productivity.
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Spain has come a long way in the workout of Non-Performing Loans (NPL), but continues to have one of the highest stocks in Europe, at €74,8 bn. It continues to be of Europe’s most important investment destinations for this type of asset and, although being a mature market, it still has many opportunities for investors.
Portugal is on a sustained path in reducing Non-Performing Loans (NPL), shortening the stock in €16 bn since June 2016 and the ratio in almost a third to 12.7% (Q1 2018). But there’s still much to be done and Banks are now more pressured to fasten the deleveraging process, which in a context of increasing demand for this type of product, favourable Economic conditions and a buoyant property market could boost NPL sales in the next two years for a value of over 5,2 bn.
Now that investors in Non-Perfoming Loans (NPL) are increasingly looking for higher returns in emerging markets and seem to be heading south for opportunities, Greece could be one of the most promising emerging markets in Europe as the country continues to have not only a very dense volume of bad debt but also a record-high NPL ratio of over 40%. The pressure to reduce NPL and deleverage the banking system is stronger than ever, and the transactional market is just now starting to emerge.
Non-Performing Loans (NPL) in Brazil are an increasingly attractive market for international investors, that are now paying closer attention to emerging countries that offer higher returns. And at the same time, Banks in Brazil are now more open to sell NPL portfolios, recognizing that this is a crucial strategy to deleverage and improve the national financial system performance. Demand and supply are lining up and Economy, even if not expanding rapidly, is recovering, thus opening very robust prospects for NPL transactions over the next two years in Brazil.
Head of Portfolio Valuation ServicesManaging Director Prime Yield
His background includes a degree in Real Estate Management, as well as several other post-graduations in Salford-Manchester, AESE Lisbon, IESE Madrid/Barcelona and Secovi-São Paulo, he also took part as lecturer for the MBA in Real Estate Valuation at ESAI. With an experience of over 2 decades in the property valuation market, Nelson has worked with all of the major banks operating in the Portuguese speaking countries on property valuations and real estate projects. Since 2010 became working with the most important Funds in Iberia and Latam for the buy and sell sides in NPL&REO operations. Nelson obtained the certification as a specialist valuer of properties of Real Estate Investment Funds in 2003 and became a member of RICS (FRICS) in 2007 and Recognized European Valuer (REV) by Tegova in 2017.
Head of Operations Prime Yield
He holds a degree in Civil Engineering, a post-graduation in Property Management and he is also a RICS member (MRICS). Mário has a great experience and trajectory in the real estate market. His work focus mainly on valuations and advisory whether for private or institutional clients; portfolio valuation for buy and sell sides through the platform Prime AVM & Analytics. In 2007 he joined Prime Yield, becoming responsible for special assets in 2015 and for the coordination of the operations and it developments of the platform.
Manager of Business Development&Research in Gloval Advisory Spain
His background includes a degree in economics, MBA from Les Heures (Barcelona) as well as postgraduate in property investment and financing (IEB), PhD in real estate risks in progress. Took part as a teacher in several business schools. Has published articles on the sector. With an experience of over 2 decades in the real estate valuation, transactions, and asset management, José María has worked in consultancy, services and development companies, working with the most important funds, SOCIMIS and investors in Spain. José María is a member of the Royal Institution of Chartered Surveyors (MRICS, valuation) as well as the RISK-M by the European Institute of Real Estate Risk Management.
Partner&Head of NPL&REO Portugal
His background includes a degree in Economics and a post-graduation in real estate management and valuation (ISEG, Lisbon). He also completed the Large Accounts Management and Green Belt Course (Six Sigma Quality – GE) program, as well as the DMAIC process course. With an experience of over 10 years in the advisory services, Francisco has worked in consultancy for market studies and property valuation on Portuguese speaking countries in most of the economic sectors such as insurances companies, real estate, industry, shipment, engineering and construction. Francisco joined Prime Yield in the beginning of 2012 as a Director for property Consultancy and Valuation for Proprime, and is currently Head of NPL&REO portfolios in Portugal.
Managing Director of Solum Greece
He holds an MA in Property Valuation and Law, BA in Marketing Communications as well as a certificate in Business He specializes in Property Valuation and Consulting in the real estate sector in Greece and the Balkans. Active in the Real Estate Market since 2004. He has undertaken and audited more than 15.000 Property and Business Valuations for mortgage lending purposes, IFRS, REIT, NPL, Investment, Arbitration, Expropriation, Distressed Portfolios and Auction Purposes. Panos is a keen RICS member since 2008 (MRICS) as well as registered valuer (VRS), a Recognized European Valuer (REV) by TEGoVA since 2012 and an AVAG and HVI member. He is a member of the RICS Valuation Professional Group in charge of dealing with pertinent Valuation matters in Greece.
Partner&Head of NPL&REO Brazil
His background includes a degree in Civil Engineering and a post-graduation as a teacher of the Methodist University in the subject of analysis of investment projects. With an experience of over 3 decades in the consultancy sector, with expertise in portfolio valuation, José has worked as a director for some of the major International consultancy/advisory companies, including Ernst&Young and KPMG, having created in 1988 Ernst&Young’s valuation area. José has been a member of RICS (MRICS) since 2013, and among his most important projects he was able to contact with most the economic sectors being, information, energy and natural resources, food, health and chemical industries, commercial banks and technological.
Calle Eucalipto, 33 - 5ª Planta
28016 Madrid | Spain
T.: (+34) 917 372 978
Av. Columbano Bordalo Pinheiro, 75 - 7.06
1070-061 Lisboa | Portugal
T.: (+351) 217 902 540
1, Neofitou Vamva Street
GR-106 74 – Athens | Greece
T.: (+30) 210 68 01 786 int. 16
Av. Brigadeiro Faria Lima, 1.461 – 4º, Torre Sul
Pinheiros | CEP 01452-002 | São Paulo – SP | Brazil
T.: (+55) 11 3382-1536