Bank-led debt trading markets begin to thaw

The permafrost that had settled over the property debt markets is beginning to thaw, according to Gerry Mulholland, head of real estate finance at UK law firm Pinsent Masons. Mulholland made the comment following news that Royal Bank of Scotland is selling a portfolio of Irish assets worth EUR 250 mln at the top of the market for around EUR 75 mln.

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