PropertyEU

Blackstone poised to close Project Isobel deal - report

By A staff reporter 2011-12-21T00:00:00

The Royal Bank of Scotland and Blackstone are about to close a deal in which the bank will hand over control of £1.4 bn (EUR 1.7 bn) of distressed property loans to the US private equity group, according to a news report in the Financial Times.

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