Essen-based GFKL Financial Services said on Thursday that it has acquired a large portfolio of real-estate-backed non-performing loans (NPL or bad loans) from an unnamed international bank and a private equity fund. The NPL portfolio has a total volume of over EUR 100 mln and is largely backed by commercial real estate properties.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
