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Pbb to Sell €900 Million Loan Portfolio to Blackstone

Non-core Loans Are Secured Against UK and US Office, Residential and Hotel Properties
Pbb's chairman said the bank has enhanced its active balance sheet management. (pbb)
Pbb's chairman said the bank has enhanced its active balance sheet management. (pbb)

German lender Deutsche Pfandbriefbank (Pbb) said it will sell a circa €900 million loan portfolio secured against office, residential and hotel properties in the US and the UK.

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