26.09.2012 - Germany to see surge of distressed sales, says Corestate
Over the next two years, Germany is likely to see a surge in the sale of distressed real estate assets both in number and in transaction volumes with financial experts anticipating a heightened willingness from banks to dispose of distressed real estate loans. According to Corestate and EBS-REMI’s latest survey, which was sent to nearly 50 executives in the banking sector, banks are expected to pursue a more cautious approach and demand increased debt servicing obligations from their borrowers...............................................Full Article: Source
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