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Ex-Banif's 'bad bank' sells unit to Altamira

06 April 17 - Irene Theofanidou
Ex-Banif's 'bad bank' sells unit to Altamira

COMPANIES

Solum Property Solutions

Consultant - GREECE

Eurobank Property Services

Consultant - GREECE

PEOPLE

Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services
The 'bad bank' that holds the assets of failed Portuguese bank Banif has sold a unit that manages 1.5 billion euros of real estate assets and non-performing loans to Altamira Asset Management, which is owned by U.S. fund Apollo and Spain's Santander.

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