PropertyEU

Whitehall Funds buys 900 loans in Europe

By A staff reporter 2009-09-14T00:00:00

Goldman Sachs' Whitehall funds have acquired almost 900 non-performing and sub-performing loans backed by Italian residential property, with an original value of about EUR 120 mln. The Financial Times reported that the loans have been bought at less than half face value. All loans were made between 2006 and 2007 ...

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