Record €99bn of CRE loans/REO sales in play, says C&W

A record €99bn of non-core real estate exposure in Europe's banks is currently or soon to be up for sale, according to Cushman & Wakefield's (C&W) latest loan sales market report. C&W Corporate Finance said that the highest-ever level of live sales was a "staggering" volume and is 4.5 times the volume recorded at the end of Q1 2015.