In an interview with Jornal Económico, Hipoges General Manager Sofia Costa said the Southern European NPL servicing market has entered a new stage, with significantly lower volumes of non-performing loan (NPL) portfolios available than in the years following the financial crisis.

According to Costa, while banks continue to dispose of distressed assets, transactions are now smaller, more frequent and increasingly diversified, replacing the large-scale portfolio sales that previously characterised the market.

To adapt to this changing environment, Hipoges is broadening its business beyond traditional NPL servicing. The company is expanding into complementary areas such as real estate asset management, property development, valuation, legal services, mortgage brokerage and alternative credit, with the aim of managing the entire lifecycle of distressed assets.

Costa also highlighted the growing role of private credit funds in financing real estate projects and stressed that investment in technology and artificial intelligence is key to improving operational efficiency and supporting the company’s long-term growth strategy.

Original story: Jornal Económico | Data: Maria Teixeira Alves
Edition and translation: Prime Yield