Press releases
ARCIDA Advisors appoints Jan Duedden as managing partner further enhancing its position as a leading service and investment advisory platform for distressed loans, real estate and project development
Jan Duedden brings his extensive real estate asset management expertise to the company ARCIDA Advisors accordingly enhances its positioning as a full-service platform for banks, debt and mezzanine funds, private equity funds and other target groups Frankfurt am Main, 08.11.2023 – Jan Duedden has been appointed as Managing Partner of the ARCIDA Advisors service platform as of November 2023. “We are delighted to have Jan Duedden on board. His appointment means we have a leading expert in the field of real estate asset management with an excellent network across Europe and in the English-speaking world,” explains Oliver Platt,
Articles
Funds move into position to capitalise on German distressed lending
Fund initiators are already lining up vehicles to capitalise on the distressed opportunities provided by the likely wave of non-performing loans in need of workouts or disposal. Among them is Frankfurt-based Arcida Advisors which is targeting €300m of equity to buy up non-performing real estate loans in Germany, Austria and Switzerland. Read more
Foreign investors eye up “special situations” as German NPLs see 10% spike
In the third quarter of 2023, the EBA conducted a thorough survey of banks across Europe. Analysis of data from German financial institutions indicates a nearly 10% increase in the volume of non-performing loans (NPLs), surging from €31.02 billion to €34.02 billion euros between the close of 2022 and September 2023. Jan Düdden sees plenty of uncertainty ahead. Read more