The acquisition of non-performing loans to accelerate executive proceedings and the subsequent purchase of real estate as collateral
Piazza Argentina is the first project developed by Pria with the acquisition of a non-performing mortgage, a type of activity that was pioneering in the real estate sector.
Overcoming the complexities of the negotiation of the contract, the company subsequently participated in the auction and won it.
The property is mainly residential, with high-quality aesthetic features, and was largely uninhabited for a long time due to the property crisis. Parts of the building were sold to individual buyers who renovated it independently.