Lehman Brothers to spin off $30b of real estate assets

By A staff reporter 2008-09-11T00:00:00

US investment bank Lehman Brothers intends to spin off $25-30bn in commercial real estate assets in the first quarter of 2009. The plan is part of a 'strategic restructuring' at the financial group which predicted net losses of close to $4bn in the third quarter ending on 31 August. The ...

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Registration also includes access to IPE

Five reasons to register today

Access IPE Real Assets articles
Daily news alerts and updates
Track what the world’s leading institutional investors are doing
Learn about the latest industry research and market analysis
Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive

SEE HOW IPE REAL ASSETS CAN HELP YOUR business