European Banks Unload Commercial Assets
The Basel III rules, which take effect next year, require European banks to hold more capital against loans secured by commercial property. As a result, banks are expected to sell more commercial loans and distressed assets, according to The Wall Street Journal. So far this year, European banks have sold more than €7.5 billion in assets and another €11 billion worth of assets are being marketed, according to CBRE.
In the Netherlands, a consortium of six banks will auction off 44 office buildings that belonged to bankrupt Dutch investor Eurocommerce. The October 29 auction – expected to be one of the largest the country has seen – will also include the 25,000-seat stadium of Premier League soccer club Vitesse Arnhem.
You will not see the day if you are levitra from canada heritageihc.com not able to satisfy your wife during an intimacy, it affects your relationship. Truth is that medications like buy cheap cialis just improve the capacity to get an erection, making it stronger and going on for a more extended time of time. Add sex foods in the diet – Raw oysters, strawberries, avocado and discount viagra sale many more aphrodisiacs foods can be added in the pill for proper flow of blood to get pumped up and have better erections. It can provide relief for different ailments in men like low sperm count, general body weakness and impotence and loss of stamina sildenafil price and vigor.
Analysts interviewed for the article note that price expectations between seller and buyer have narrowed. Furthermore, assets selling in the range of €200 million to €300 million appear to be most favored by investors.
Last Updated on October 9, 2012 by Ramin Seddiq