US investment firms Davidson Kempner, Bain Capital and Fortress are seen as the strongest contenders in the race to acquire the mezzanine notes of a massive non-performing loan (NPL) portfolio of mainly residential mortgages being offloaded by the National Bank of Greece.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
