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German Bank HCOB Hires Eastdil to Sell €150 Million Non Performing Loan Portfolio

Project Nexus is Second German Real Estate NPL Portfolio to Hit Market
The Centurion office building in Frankfurt. (CoStar)
The Centurion office building in Frankfurt. (CoStar)

Hamburg Commercial Bank has hired Eastdil Secured to sell a circa €150 million non-performing loan (NPL) portfolio, dubbed Project Nexus, said two sources familiar with the situation, confirming an earlier report by React News.

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