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Apollo’s purchase of a €2.7bn loan portfolio from Bank of Cyprus is expected to reactivate the island’s property market.
Real estate developers in China are turning to private credit managers to meet their financing needs amid a continuing liquidity crunch.
Deleveraging of non-core European real estate debt was 60% higher in H1 2017, year-on-year, according to Evercore.
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.
The country’s first major property-backed portfolio sold by a domestic bank met with strong demand.
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.
Italian non-performing loan portfolios have been sliced up and sold into the asset-backed securities market.
The Spanish non-core loan sales market dominated European activity in 2017, although volumes were concentrated in mega-deals.
Under pressure from the ECB, Greece’s largest lenders are finally bringing loan portfolios to the market.
Loan portfolio sales activity spiked in 2017 but Europe’s non-core real estate debt pile is still huge.

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