Login

Up to €80bn of European real estate loan sales forecast for 2017 as mega deals emerge

There were circa €28.1bn (face value) of closed real estate loan and REO sales recorded in the first six months of 2017 across 36 transactions – up on the first halves of 2015 and 2016 – and there are a further €51.7bn of live transactions, particularly including major portfolios in Spain, Portugal, Italy and the UK. The figures recorded in Evercore Real Estate Portfolio Solutions’ European Distressed Real Estate Market comprehensive figures for H1 2017 have led the adviser to revise upwards its annual forecasts for 2017 from €50bn to €60bn to €60-€80bn of sales.
CoStar News
July 11, 2017 | 12:44 P.M.

According to Evercore’s H1 2017 figures the circa 28.1bn (face value) of closed RE loan and REO transactions in the first half of 2017 across 36 transactions was dominated by UKAR’s sale of the circa 15bn Project Ripon in Q1.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In