Deleveraging of non-core European real estate debt was 60% higher in H1 2017, year-on-year, according to Evercore.
2 min read · 17 July 2018
The LMA has discussed suggested amendments with the European Commission. The industry body’s head of legal Amelia Slocombe comments some of the key issues.
3 min read · 22 June 2018
The country’s first major property-backed portfolio sold by a domestic bank met with strong demand.
3 min read · 15 June 2018
The sale by Piraeus Bank is the first major property-backed deal in the country amid pressure from the ECB to bring loan portfolios to the market.
2 min read · 29 May 2018
Italian non-performing loan portfolios have been sliced up and sold into the asset-backed securities market.
5 min read · 23 May 2018
The Spanish non-core loan sales market dominated European activity in 2017, although volumes were concentrated in mega-deals.
5 min read · 22 May 2018
Under pressure from the ECB, Greece’s largest lenders are finally bringing loan portfolios to the market.
5 min read · 21 May 2018
Loan portfolio sales activity spiked in 2017 but Europe’s non-core real estate debt pile is still huge.
5 min read · 18 May 2018
European regulators deserve credit for pressuring banks to deal with toxic loans, but the weight of capital chasing distressed property debt is also driving activity.
3 min read · 17 May 2018
Just as Europe’s lenders are under increasing pressure to deal with non-performing loans, so, too, will they be encouraged to divest performing debt, argues DebtX’s Gifford West.
3 min read · 15 May 2018