Germany's Westdeutschen Immobilienbank (WestImmo) is considering divesting its poorly performing or non-performing real estate loans into a workout unit or bad bank of parent WestLB, in a bid to make the real estate lending business more attractive to sell, according to a news report in the Financial Times Deutschland.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
