Overview

Alsvit, a HIPOGES company, is a leading provider of Real Estate services to Greek financial institutions, international investors and servicers, from asset valuation and pre acquisition support, to full sale preparation and execution. Alsvit has a long track record in preparing for sale Real Estate assets that have been taken over by financial institutions and investors, through legal enforcement or amicable settlement (REO management services). With two main offices in Athens and Thessaloniki, and activities across Greece, Alsvit operates an effective in-house team combining lawyers and engineers, experienced in resolving the complex REO legal, urban planning and technical issues for all types of RE assets. Alsvit also maintains a Construction arm and has constructed or refurbished commercial and residential buildings, including a large number of Branches for Greek banks. HIPOGES is a leading independent provider of comprehensive solutions for the management of distressed assets and REOs in Southern Europe, with more than € 20 bn Assets under Management and experience with all types of NPL and REO assets. HipoGes is committed to Greece, which it considers a market of strategic importance, and has been working on amicable solutions Mortgage pilot projects with a systemic Bank, while it has developed its own nationwide networks of local collaborators in the Legal and Real Estate areas. HIPOGES and Alsvit together provide complete services with strong reporting capabilities all along the investment cycle: Due diligence & Pricing advisory, Closing & Structuring, Loan servicing / Legal enforcement, REO Legal and Technical services, Construction and Facility management services, Disposal strategy and Sales.