Pan-European real estate private equity business Palm Capital has acquired Project Falcon, a £150 mln (€170 mln) sub-performing loan book secured against a portfolio of 80 UK commercial real estate assets, from private equity peer Lone Star.
Pan-European real estate private equity business Palm Capital has acquired Project Falcon, a £150 mln (€170 mln) sub-performing loan book secured against a portfolio of 80 UK commercial real estate assets, from private equity peer Lone Star.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.