Real Estate

Aram Capital originates and assists Investors seeking investment opportunities in the Italian Real Estate market, through:

Direct acquisition of Real Estate Assets

  • Following repossessions or acquisitions of assets at judicial auctions, Italian Banks hold huge amount of Real Estate assets.
  • Following the default of Financial Leases, Leasing Companies hold huge portfolios of Real Estate assets.
  • Similarly Leasing Companies, Real Estate Companies, Real Estate Funds and Private Individuals need to sell assets to deleverage.

Secured Non Performing Loans acquisitions

The cheapest way to acquire Real Estate assets in Italy is to purchase NPLs portfolios secured by Real Estate assets Aram Capital works with Banks to select a portfolio of NPLs secured by Real Estate assets according to Investors preferences:

I. Residential
 
II. Commercial
 
III. Industrial

Judicial Auction

The sheer amount of Real Estate assets up for sale in judicial auctions due to the non transparency of the auction procedures have created a big arbitrage.

Aram Capital has built a database of the Real Estate assets at auctions in the largest cities to identify a substantial arbitrage with the open market value.
Aram Capital assists Investors in building a portfolio according to the Investors preferences:

» Asset Type
» Size
» Geography

Real Estate

 

Banks Leasing Co’s RE Funds

  • Assets purchased by Banks at judicial auctions via REOCO.
  • Repossesed Assets
  • Portfolio Restructuring
  • Divestment
Commercial

Retail

Residential

Bank Branches

  • Following repossession or acquisition of assets at judicial auctions to limit the losses on the NPL Banks hold huge amount of assets that they are willing to sell.
  • Leasing Co’s can reposses the Real Estate assets after default of Financial Leases.
  • Due to their high leverage Banks are forcing Real Estate Co’s to sell assets to make their debt repayment sustainable.
 

Judicial Auction

  • Purchase of assets at judicial auctions
  • Purchase of assets from judicial procedures:
    • Concordati Preventivi
    • Concordati Fallimentari
Small Commercial

Residential

Large Cities

  • Estimated € 80 bn of assets for sale at judicial auctions.
  • A JV with Italian Banks or with a Servicer or the Admin office at some of the large Italian Courts would give access to a database of Real Estate assets up for judicial auction with information on the assets, auction dates and auction prices.
  • Real Estate assets can also be purchased directly from judicial procedures avoiding auctions (called in Italian Concordati Preventivi and Concordati Fallimentari).
 

Real Estate Development Co’s

  • Portfolio Restructuring
  • Deleverage
  • Divestment
Large Retail

Office

Prime Residential

Development Projects

  • Take advantage of bank loan haircuts to purchase cheap assets.
  • Assets bought for development projects are sold as no financing is made available form Banks.
  • Residential development projects in advanced stage that need extra financing.

This material has been prepared by the ARAM Capital Ltd (“ARAM”) for information purposes only. The information contained herein is confidential and is intended for use only by the intended recipient (each a “Recipient”). The material remains the property of ARAM and must be returned on request and any copies thereof destroyed.
It should not be reproduced or disclosed to any other person, without the consent of ARAM.
By reviewing this material each Recipient represents that it is a person into whose possession the material can be lawfully delivered in accordance with the laws of the jurisdiction in which the Recipient is located.
This material should not be construed as an offer or solicitation to buy or sell of Securities or any other securities, or any interest in any securities, and nothing herein should be construed as a recommendation or advice to invest in any Securities.
ARAM acts neither as an adviser to, nor owes any fiduciary duty to any Recipient. This material does not purport to identify all of the risks associated with the Transaction(s). Neither ARAM nor any of its affiliates, agents or representatives makes any representation regarding the provision of advice to any Recipient concerning the appropriate legal treatment, regulatory treatment, accounting treatment or possible tax consequences of an investment. Each Recipient of the material should make its own independent evaluation of the Transaction(s) and the risks thereof, and of the relevance and adequacy of the information in the material and should make other investigations as it deems necessary, and consult its own legal, tax, and other advisers, in order to determine whether to participate in the Transaction(s).
The material is presented on the express understanding that although the information herein is believed to be reliable, it has not been independently verified ARAM.
ARAM makes no representation or warranty (express or implied) of any nature, nor does it accept any responsibility or liability of any kind, with respect to the accuracy or completeness of any of the information or opinions in the material. However this shall not restrict, exclude, or limit any duty or liability to any person under any applicable laws or regulations of any jurisdiction which may not lawfully be disclaimed.
This material contains certain tables and other statistical analyses (the “Statistical Information”) which have been prepared in reliance on information provided by third parties. Numerous assumptions have been used in preparing the Statistical Information, which may or may not be reflected in the material. As such, no assurance can be given as to the Statistical Information’s accuracy, appropriateness or completeness in any particular context, or as to whether the Statistical Information and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Statistical Information should not be construed as either projections or predictions or as legal, tax, financial or accounting advice.
Any views or opinions expressed herein (including statements or forecasts) constitute the judgement of ARAM as of the date indicated. Recipients of the material should not rely on any representation or undertaking inconsistent with the above paragraphs.

ARAM CAPITAL LIMITED – GDPR COMPLIANCE STATEMENT
Who we are
We are: Aram Capital Limited. Companies House No.0826 5469. Registered Office – 1 Penywern Road, London, SW5 9TT
What we do
We assist investors derive the benefits of accessing/owning Non-Performing Loans (‘NPLs’). NPLs originate with banks. We operate as advisors and gain access to/details of NPLs from banks – and investors. We facilitate investors to access these NPLs. We also evaluate/value these NPLs for both banks and investors
What information do we gain access to?
The banks or investors will pass us information relating to NPLs in order for us to perform our task. This comprises customers’ basic details (categories available on request), and sufficient only for the purposes of executing our task, with no superfluous details included
In what capacity are we handling this data?
Under the GDPR – we are a Data Processor. This reflects our advisory/non- owner status in the business model. In this scenario – the bank or the investor is the Data Controller, as they are the ones who first receive the customers’personal data in the normal course of their business. The banks or the investors pass us the customers’ details in our specific capacity as a Data Processor. We process (use) this data under the aegis of the Controller-Processor relationship – which is defined contractually between ourselves and the banks or the investors we work with
What do we need the data for?
We need the data in order to identify and keep a track of the NPLs in question, and to reference them when communicating about them with either the banks or investors
Whom do we share the data with?
We only share this data either back with the bank from whom it originated, or the investors in the equation. The investors are in turn bound by our Terms of Business to have due regard to GDPR rules, when accessing and handling this data. The only purpose of sharing the data with the investor is for identification purposes
Rights maintained by proxy
Although we are a data Processor – we will always fully comply with any requests the Data Controller may make of us, in the course of their complying with their obligations as a Data Controller. Further – we will never take an action, nor fail to take an action, which runs against the protections afforded individuals under the GDPR