Goldman Sachs' Whitehall funds have acquired almost 900 non-performing and sub-performing loans backed by Italian residential property, with an original value of about EUR 120 mln. The Financial Times reported that the loans have been bought at less than half face value. All loans were made between 2006 and 2007 by an Italian financial services company in administration.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
