Lloyds Banking Group PLC revealed on Friday about its agreement for sale of a portfolio of European corporate real estate loans to Promontoria Holding 89 BV for 1.03 billion euros. According to Llyods, the company has non-core asset reduction program. The sale is part of it.
The sale of a corporate real estate portfolio to Promontoria Holding 89 BV was announced by Lloyds Banking Group plc on Friday. This is a part of efforts to dispose non-core assets.
via TopNews Spain – Real Estate http://topnews.es/content/2952-lloyds-sells-portfolio-european-corporate-real-estate-loans
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