Transactions - JULY 22, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Loan sales in Europe top $55b in H1

by Loretta Clodfelter

European commercial real estate loan and REO sales totaled €40.9 billion ($55.3 billion) in the first half of 2013, according to Cushman & Wakefield, as loan sales transaction volume begins to accelerate in the region.

The European loan sales volume in the first six months of 2014 was 30 percent higher than the total for all of 2013. Part of the increase was owing to the great number of mega-deals, which made up 71 percent of the closed transactions, Cushman & Wakefield reports. Average loan sale transaction size increased from €346 million ($468 million) in 2013 to €621 million ($840 million) in the first half of 2014.

In particular, record loan sales volumes are taking place in Ireland, Spain and the United Kingdom. For example, Ireland’s loan sales volume in the first six months of the year is up 116 percent compared with the total for the entirety of 2013. And trans

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy