GE Real Estate said on Wednesday that it has acquired a EUR 1.27bn portfolio of Senior and Whole commercial property loans from Capmark Europe. The portfolio comprises 39 loans to a group of high quality borrowers and with attractive loan-to-values, the company said. The assets are spread throughout Europe, with the majority located in Germany.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
