08.03.2012 - European property loan sales seen topping EUR 15bln in 2012: JLL
Sales of European property loans will rise to more than $20 bn (EUR 15 bn) in 2012 and be characterised by larger portfolio deals and recovery rates meeting or exceeding book values, according to capital markets experts at Jones Lang LaSalle. The experts expect European lenders to face increasing pressure to deleverage themselves of the large volume of debt coming up for refinancing in 2012 and 2013...............................................Full Article: Source
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