Europe's Banks to Offload $770 Billion of Non-Core Property Assets which is subject to disposal or work-out strategies
August 27, 2014 Based on recent estimates from Cushman & Wakefield's Corporate Finance team, European banks and asset management agencies have a gross exposure of $770 billion (€584 billion) to non-core real estate which is subject to disposal or work-out strategies. The findings, published in the firm's European Real Estate Loan Sales Market H1 2014 update, reveal that ..