Hatfield Philips to enforce sale of Quelle Nürnberg asset

Special servicer Hatfield Philips is to auction the Quelle mixed-use complex in the German city of Nürnberg after its owner defaulted on EUR 110 mln of debt backing the asset. 'The special servicer applied to the competent court for the commencement of a compulsory auction of the Quelle Nürnberg property,' it said Friday in a statement.

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