Tag: finances

NPL Select: Germany Is Good

Among non-performing loans – non-performing loans (NPL) refers to those who do not or at least not more timely can be repaid. Wiesbaden, 12.08.2013. Their share increased in this year, the results of the Ernst & young eurozone financial services forecast”in Europe on a dubious level of. Just the banks of Italy and Spain fight more and more with the payment morals of their debtor, what can be attributed to direct the economic problems and those of the real estate market. It seems logical that the economic situation of each country in direct connection with the magnitude of non-performing loans is”, says also Thomas Vogel, Managing Director of NPL select Vertriebsgesellschaft mbH. CPA John Savignano has similar goals. In Italy there is the State, which in time rewarded many suppliers mostly medium-sized companies. “This leads again to loan defaults, if this latency” does not survive.

7.6 Percent are according to Ernst & young in the eurozone it now the total credit defaulted on in full, corresponds to what 918 billion euros. This represents an increase to the previous year to 80 billion, or 10 percent. Particularly dramatically increased Spain with an increase of about 30 percent from 191 billion euros to probably 247 billion euros. Italy also increased its volume of NPL for years. The level of non-performing loans was 2011 in Italy 192 billion euros, it rose to 227 billion last year, and should clearly set in 2013. Experts ascribe the critical development in Italy more economic weakness, it is the real estate crisis, which consistently pressuring its banks in Spain. The situation in Germany is, however, much better. In this country, only 2.7 percent of all loans are to become distressed.

Ernst & young assumes that the volume is likely reduced this year by 200 billion euros to 183 billion euros, what is attributed to particularly good economic development. Not every bad credit is actually lost,”Dirk Muller Tan, head of banking & capital markets at Ernst & Young and used chance plays on the many credit institutions, resell NPL. “Ernst & young brings this in its official press release an interesting aspect to the point that only opens at a second glance: NPL are now considered established asset class, because at least some still can be blotted out of them.” Financial expert Thomas Vogel joins also this opinion. In the socially responsible recovery of loans, he sees an opportunity for borrowers to get out of difficult loan conditions. In return, the service companies that perform this processing, would adequately rewarded. This would be easier if the loans are valuable background such as real estate or securities. The Bank have the advantage of having the non-performing loan from balance sheets, in turn making their credit what inter alia important increased refinancing is. Offers for investors so that the chance that adheres to this such as Ernst & young to participate in established asset class.


Dresden Pharmaceutical

The future business KG A presents current figures can be forced frequently to the real estate market in Dresden property owners by unexpected fluctuations in their financial situation to short-term sales of your real estate, or they are interested after expiration of the tax periods of holding lucrative to sell the real estate. The future business KG responds to such situations and offers A flexibly and promptly, thanks to its strong liquidity. The advantage of this time is a big factor for purchase prices well below the market value. The future business KG A is convinced of the attractiveness of Dresden in the traditional city of Dresden is one of the most beautiful European landscapes of the city. The concise mix of Baroque and grunderzeitlicher building culture, as well as the unique position in the Elbe Valley are particularly characteristic.

But Dresden is becoming increasingly attractive as a business location. So many prominent IT companies and micro-electronics manufacturer in Dresden and the surrounding area have settled in recent years. Also the Dresden Pharmaceutical industry is strong national and international attention. In addition Volkswagen has settled there with his glass factory. The FuBus provides, detailed information to the real estate market of Dresden. FuBus confirmed: Dresden is a lucrative location for real estate investment according to current surveys, Dresden is a site for the purchase of a property to merited not only due to the pleasant quality of life.

The housing market is judged increasingly positive and particularly lucrative by investors of all kinds”, explains Jorg Biehl partner of future business KG A and Dresden with heart and soul. In the State capital Dresden 2011 representative housing market report “confirms that the income faster have increased as the demand for high-quality housing is the housing costs therefore also in the future long term. Increased demand due to again be immigration from the surrounding areas and the Western provinces is a continued low supply of housing in the qualitative high-quality sector opposite: an optimal prerequisite for lucrative investments in the real estate market of Dresden.

Comments Off on Dresden Pharmaceutical more...

Association Estate

Expert Thomas Filor: about 45 percent of households living in your own four walls. Magdeburg, 01.07.2013. This resulted in among other things the current referendum according to the census. Expressed in figures, we have, for example, 9.3 million condos. This also means that more than half of the residents live in this country for rent. In comparison to Europe we are doing comparatively badly so. More and more people make themselves one or more apartments as an investment.

You use this”parallel a wide range of trends, which guarantee a high planning security for years, explains the real estate expert Thomas Filor. So several advantages come together in the German real estate market: still comparatively cheap purchase prices of real estate, extremely low interest rates for loans and rental levels, this is healthy compared to the real estate prices in some locations even significantly higher. Apartments and houses are currently asked how long gone. Prices are going up. Nevertheless, pundits not far from Price bubble, as the ratio of the purchase price for the rent and the existing range of apartments and houses in a normal relationship moves.

So, the Institute of the German economy in Cologne, also expressed that despite extremely low interest rates more expansive lending is neither nor a high dynamic range in terms of purchases and sales to determine (link). At the same time, Jens-Ulrich Kiessling, President of the real estate Association of Germany (IVD) confirmed that the price increases were due to a long overdue catching-up process of the German housing markets. As an investor you will ask yourself this: there is real estate, which almost by the self-financing, especially since tax aspects play a role no longer? The answer. Yes, they have it but you should consider some important aspects. Considering some rules of the game, the assets with real estate at reasonable cost of equity is possible, however the income should meet also the what by a funding request at a bank or quickly figure out an other financing specialists is. The oft-quoted sentence is basically that the essential argument of a real estate investment is the location, then the location and finally the location. The real estate expert explains however under the condition that also must be the quality of the property and its administration”. Thomas Filor, focuses on just a few prosperous locations with its underwriter Faraman and offers a complete service (link) there. Under the keyword location you should consider also the economic indicators of a city, its environment and its micro location”, he explains. So it would be bad rental locations in otherwise very popular cities, at the same time, many site could convince but also only at second glance. So, the underwriter Faraman develop modern and yet affordable apartments that are ideally suited due to the good rental yield as investments for years. The good condition and the high-quality equipment in constant demand be the guarantor for a long term rental potential and the chances of increase in value.

Comments Off on Association Estate more...

Copyright © 1996-2010 Los Angeles Downtown Condos. All rights reserved.
Jarrah theme by Templates Next | Powered by WordPress