| The Blackstone Group has raised a dedicated $4 billion European real estate fund; David Abrams, head of European real estate investment for Apollo Global Management, says his firm has made 30 investments this year in the U.K., Germany, Ireland, and Spain; the Carlyle Group is buying mainly in Northern Europe, which includes Sweden, Norway, Germany, France, and especially the U.K. -- isn't Europe supposed to be shaky ground in which to invest? What gives?
Well, there are deals to be had. European banks, bloated with real estate, have been looking to dump their holdings -- the International Monetary Fund estimates that 58 European banks will sell at least $2 trillion in assets over the next two years............................................Full Article: Source
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