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 (NP EN ISO 9001).
> 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.
Mortgage delinquency remains contained, despite the brutal rise in the Euribor caused by the European Central Bank (ECB) raising official interest ratContinue Reading..
The nonperforming loans (NPLs) ratio of Spanish banks to the private sector remained at 3.56% in September, unchanged from the previous month, accordiContinue Reading..
The opportunistic fund decided to reduce its exposure to the country following the closure of a fund. It had bought corporate loans with real estate eContinue Reading..
The sale is part of the bank’s normalisation plan, which had profits of €650.7 million by September. BCP has put a new portfolio of problematiContinue Reading..
The International Monetary Fund (IMF) is advising Portuguese banks to avoid ploughing all of their rising profits into dividends, instead calling forContinue Reading..
LX Partners has put €4.2 billion euros of non-performing loans (NPL) and the servicer Algebra up for sale. It’s the deal of the year in PortugContinue Reading..
Greece has secured revenues of €1.066 billion from the disposal of 22% of National Bank, a process oversubscribed eight times. As Minister of NationContinue Reading..
Greece is pressing ahead with a plan to sell its stakes in the country’s banks, in a sign the financial industry is returning to normal after a decaContinue Reading..
The market for credit cards and debit cards is going to get smaller in Brazil, as PIX, the country’s instant payment system, expands its reach and fContinue Reading..
Caixa’s default rate fell to 2.59% in October, from 2.67% in September. According to the institution, it reached the lowest level among the counContinue Reading..
Research carried out by Serasa and Flexpag on the profile of profile of Brazilian indebtedness in 2023 shows that 13 per cent of people in debt in BraContinue Reading..
Reflecting the effects of rising interest rates, the sale’s activity of NPL portfolios is still very limited at this beginning of year. However, the transaction of this type of portfolios is expected to intensify from mid-year onwards, with estimates that 2023 will close with €10 billion traded.
Against a background of challenging economic conditions and after the sharp drop of approximately 44% in the sales volume of NPL portfolios in Portugal in 2022, which amounted to around €1.7 billion, the trading activity is expected to remain stable in 2023.
Greece is steady as one of the most prominent markets in Europe for NPL transactions. However, and similarly to Portugal and Spain, the progress made in recent years and the change in macroeconomic conditions have led to a slowdown in transactional activity in 2022, with 2023 expected to see stabilization.
The NPL market in Brazil has finally unlocked its potential, with record default levels estimated to have spurred record NPL sales activity in 2022. The bleak outlook for the economy bodes well for another buoyant year for the sale of this type of assets, which could grow again to reach €13.5 billion by 2023.
If you wish to receive a copy of the latest research report, please use the following form and indicate your name and email.
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.
Engagement Manager (Valuation and Advisory) Prime Yield (Gloval)
He holds a Bachelor´s Industrial Engineer specialized in organization, english fluent speaker, with over 5 years of work experience in the property valuation market, and with a master degree in Equity Research and M&A (IEB) and MBA (ThePowerMBA). Miguel has worked with the most important Spanish industrial companies around the world, valuing singular real estate projects getting communication and commercial skills with a strong international experience. In 2020, he has joined Gloval Advisory at Prime Yield´s team, in charge of valuation of real estate portfolio for REITs and in NPL&REO operations for both buy and sell sides (Banks, Investment Funds and Servicers).
Head Department of RICS Valuations and Research Gloval
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.
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.
Av. de Manoteras, 44 - 4º planta
28050 Madrid | Spain
T.: (+34) 915 613 388
Av. Columbano Bordalo Pinheiro, 75 - 9.06
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