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Commerzbank considers two ‘Eurohypo’ loan portfolio sales in New Year with up to €3.8bn in legacy loans

Commerzbank is considering the sale of two further major European commercial real estate (CRE) loan portfolios in the New Year with a combined unpaid value of almost €4bn, CoStar News understands, in what is expected to be a bumper year for legacy Continental European loan sales.
By James Wallace
December 15, 2014 | 7:05 P.M.

The first and more definite sale process is the disposal of a German non-performing loan (NPL) portfolio with an unpaid loan balance of more than 800m, reflecting just over one-third of Commerzbank’s remaining 2.1bn in German NPLs, according to a presentation for the bank’s third quarter results.

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