Gordian Holdings is a market leading investor in secured debt and real estate portfolios in Cyprus and Greece with assets under management of ~€5.7 billion. Gordian Holdings is authorised by the Central Bank of Cyprus as a Credit Acquiring Company and seeks to manage all loan and credit claims that it acquires according to best practices and in full adherence to applicable current regulatory frameworks and legislations.
Gordian Holdings was established in December 2017 with the intention to partner with banking institutions in the region to provide a range of capital and management solutions to address legacy NPE and non-core asset exposures, and thereby facilitate the restructuring and growth of the Cypriot and Greek banking systems and broader economies. Gordian Holdings relies on a team of experienced Cypriot and international distressed debt, real estate, and investment professionals to identify, acquire, and manage investment and new business opportunities.
On 28 August 2018, an affiliate of Gordian Holdings agreed to acquire the “Project Helix” portfolio from Bank of Cyprus Public Company Limited (“BOC”), and as of June 2019 Gordian Holdings became the legal owner and lender of record of all loans, credit exposures, and real estate assets within the transfer perimeter. The Helix portfolio will continue to be managed by the relevant teams within BOC for a transitional period but will ultimately transfer to Gordian Holdings.
Gordian Holdings has ambitious plans to continue to grow its operations as it supports further investments in the region.