APS Completes Acquisition of €26 Million Loan Portfolio Secured by Greek Hotels - APS Czech Republic
29. July 2024

APS Completes Acquisition of €26 Million Loan Portfolio Secured by Greek Hotels

APS Group is pleased to announce the successful completion of a significant secondary sale acquisition involving a thematic portfolio of non-performing loans.

The acquisition encompasses a portfolio of non-performing loans with a total nominal value exceeding EUR 26 million. This portfolio is secured predominantly by medium-sized hotels located throughout Greece, including key tourist destinations. The portfolio consists of a group of borrowers from the hospitality industry, reflecting our continued focus on valuable investment opportunities in the sector.

This portfolio was acquired with funding provided by RHAPSODY II, sub-fund APS CREDIT FUND. APS Investments played a pivotal role throughout this extensive and complex deal. From the outset, APS Investments has been actively engaged in all aspects of the transaction, offering comprehensive underwriting and advisory services to ensure a streamlined and effective acquisition process.

“We are thrilled to have completed this remarkable transaction,” said Martin Machon, CEO and owner of APS Group. “This project represents our commitment to strategic investments and our confidence in the potential of the Greek market. This acquisition aligns with our long-term vision and strengthens our position in the industry.”

The successful completion of this secondary sale acquisition underscores APS Group’s expertise in managing complex investment transactions and reinforces its commitment to executing high-value deals across diverse sectors.

About APS Group

Celebrating 20 years in the market, APS Group has established itself as a trusted partner for the world’s leading financial institutions, investment funds, and private investors. With more than 400 employees across 13 countries, APS Group manages over 100 portfolios with a nominal value exceeding EUR 11 billion. As one of the leading alternative asset management companies in Central, Eastern, and Southeastern Europe, APS Group has extensive experience in complex investments across these regions.