Piraeus Bank : Successfully Approves Property Sales of €4.2 Million for 32 REO assets via E-bidding
August 05, 2019 at 06:50 am EDT
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Piraeus Real Estate, in cooperation with Piraeus Bank and Piraeus Leasing, completed its seventh e-bidding in July. The Bank approved the sale of 32 properties, with the sale price for these properties totalling €4.2 million. The success of the latest e-bidding is within the framework of the real estate owned assets active management approach.
More than 240 individuals and legal entities expressed an interest in participating in the seventh open electronic auction. Throughout its open e-auctions, Piraeus Bank offers financing to interested buyers.
Properties4sale.gr is already preparing for the next property auction, the dates for which will soon be announced.
Press Release ()
Athens, August 5, 2019
Notes to Editors
Piraeus Real Estate S.A. conducts e-auctions via https://www.properties4sale.gr/, the Piraeus Bank Group innovative property auction website. Prior to auction day, offers are considered on all properties at the published 'Buy Now' price. Following the payment of a deposit on the Buy Now offers, the relevant properties are removed from the e-auction website ahead of auction day. Those properties receiving more than one 'Buy Now' offers are dealt with on a first come, first served basis. In the period leading to the auction, prospective buyers can visit the properties on prearranged dates (open days). Additional open days are held for properties that generated increased interest. Real estate agents can become cooperating agents and register their clients via the platform.
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Piraeus Bank SA published this content on 05 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2019 10:49:03 UTC
Piraeus Financial Holdings SA, formerly known as Piraeus Bank SA, is a Greece-based banking institute. It operates in the following main business segments: Retail Banking, Corporate Banking, Investment Banking, as well as Asset Management and Treasury. The Retail Banking segment includes the retail banking operations of the Bank and its subsidiaries, which are addressed to retail customers, as well as to small-medium companies, such as deposits, loans and letters of guarantee, among others. The Corporate Banking segment includes facilities related to corporate banking, provided by the Bank and its subsidiaries, addressed to maritime companies, such as syndicated loans, project financing and imports-exports, among others. The Investment Banking segment includes activities related to investment banking operations of the Bank and its subsidiaries, such as investment and advisory services, underwriting services and public listings, as well as stock exchange services, among others.