1st Edition

Banking, Lending and Real Estate

By Claudio Scardovi, Alessia Bezzecchi Copyright 2019
188 Pages 69 B/W Illustrations
by Routledge

188 Pages 69 B/W Illustrations
by Routledge

188 Pages 69 B/W Illustrations
by Routledge

This book deals directly with the risk/return multiple trade-offs coming out of the closely intertwined relationship between banking and real estate. The authors explore how banks could embrace a more proactive approach to make the most of their, mostly ‘long only’, exposure to real estate, and create positive spillover effects on their real estate counterparts and the sector as a whole. It... Read more

Chapter 1. Banking and real estate: a difficult relationship  Chapter 2. Real estate strategy for banks: not an oxymoron   Chapter 3. Credit work out and real estate management – in the digital age  Chapter 4. Data management: NPL assessment in a digital world  Chapter 5. Optimal NPL value management: strategy, governance, organization  Chapter 6. Case study in credit work out management: Urbi et Orbi Bank  Chapter 7. Real estate: market analysis, international evidence and strategic planning  Chapter 8. Real estate appraisal: fundamentals, appraisal process and valuation  Chapter 9. Stress testing a real estate portfolio through value at risk

Biography

Alessia Bezzecchi is Associate Professor of Practice di Corporate Finance and Real Estate and Program Director at the Executive Master in Finance (EMF), focused on Asset/Wealth Management, Corporate Finance & Control, Banking Transformation, Real Estate Transformation at SDA Bocconi School of Management. She is also teaching professor of "capital markets" at Bocconi University and Director for the Executive Program in Real Estate Finance and Real Estate (EPFIRE)

Claudio Scardovi is a managing director and global co-head of the financial services practice for AlixPartners, a global consultancy focused on restructuring, value recovery, transformation and growth. Claudio has specialized in the financial services sector for the last 24 years, primarily (for 19 years) as managing director and country or regional head of financial services for a number of companies, including KPMG, Accenture, Intervaluenet.com, Oliver Wyman, Lehman Brothers, Nomura, Advent International and AlixPartners. He is also a professor at Bocconi University and at SDA Bocconi, specializing in capital markets, financial systems, restructuring and transformation, and for Imperial College’s master’s in management programme. Author of over 200 articles and papers and 17 books, Claudio is also one of the strategic advisors to the master’s programme at Imperial College in London and is part of the strategic advisory board/Future of Banking for the World Economic Forum. He has also been a board member of Risanamento SpA and Consorzio AMI in Italy.