Cushman & Wakefield’s corporate finance team has raised its estimate for closed commercial real estate and real estate–owned loan sale volumes for 2014 from €40 billion to €50 billion. This follows what the firm calls “a frenetic start to 2014.”

By mid-April, loan sale volumes had reached €29.8 billion, just short of the €30.3 billion recorded for the whole of 2013. The firm’s latest European Real Estate Loan Sales Market report shows that a further €23.4 billion of live sales is in the pipeline. Ireland and the United Kingdom accounted for more than 70 percent of year-to-date activity, with sales from Irish Bank Reso