{"id":4674,"date":"2020-05-01T20:16:19","date_gmt":"2020-05-01T18:16:19","guid":{"rendered":"https:\/\/www.mavvidis.com\/?page_id=4674"},"modified":"2020-06-23T10:50:21","modified_gmt":"2020-06-23T08:50:21","slug":"distressed-asset-management-greece","status":"publish","type":"page","link":"https:\/\/www.mavvidis.com\/en\/distressed-asset-management-greece\/","title":{"rendered":"Distressed asset management"},"content":{"rendered":"

\"\"Economic crises, such as the corona crisis, declining demand for certain types of real estate, bankruptcies of tenants and real estate aging can negatively affect their financial results, leading to loss of revenue and possibly secondary negative effects.<\/p>\n

Systematic management is required to return distressed assets to profitability. Whatever the causes, they need to be identified in detail, properly addressed and new models of exploitation developed for the ‘sick’ property. Real estate, after all, hides often good dynamic, that has to be identified and highlighted appropriately.<\/p>\n

Mavvidis + Partners<\/a> provides in collaboration with experienced financial analysts and lawyers for the case of \u2018problematic\u2019 and distressed properties the consulting service ‘distressed asset management’<\/strong>. This includes, in the context of the management of these properties, indicatively, the following consulting services, which have as their ultimate goal the development and implementation of a proposal, which will manage to integrate the problematic property in the market and do it – possibly after some changes – again profitable.<\/span><\/p>\n

Here are some of the actions: <\/span><\/p>\n