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Deutsche confirms ¤8.7bn Spanish distressed exposure
16 January 2012, 07:53 PM
Deutsche Bank has admitted a ¤8.7bn exposure to Spanish distressed real estate, comprising bad loans, repossessed property and mortgages, in evidence that, like Spanish counterparts, foreign banks are also vulnerable to Spain’s troubled property sector.
Similar articles:
- French SocGen discusses ¤500m loans with Deutsche, Lone Star
- Spanish Bankia to offload listed property, branches
- Spanish retail investors must look long-term – Knight Frank
- Spain RE investment falls 41% but yields should support - BNP RE
- Euro debt bank contagion hits listed property - Grosvenor
- Spain’s real estate bad bank cost ¤21bn – Goldman Sachs
- Eurozone turmoil to boost global distressed property - RICS
- German property investors target ¤180m at French Marseille
- Spain’s Chamartín mulls ¤150 Portuguese mall sale to RREEF
- Morgan Stanley said buying ¤700m Spanish Santander portfolio
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