Lone Star scoops up EUR 1b Lloyds loan package

By A staff reporter 2011-12-22T00:00:00

US private equity group Lone Star has completed the purchase of the £900 mln (EUR 1.08 bn) Project Royal UK secondary commercial property loan portfolio from Lloyds Banking Group. Financial details were not disclosed but the portfolio is believed to have been sold at a 40% discount to face value.

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