JP Morgan has acquired a EUR 375 mln tranche of a credit facility granted to Metrovacesa by German lender Deutsche Pfandbriefbank, well-informed market sources have told PropertyEU. The loan was reportedly divested at a discount of 40-50%.
JP Morgan has acquired a EUR 375 mln tranche of a credit facility granted to Metrovacesa by German lender Deutsche Pfandbriefbank, well-informed market sources have told PropertyEU. The loan was reportedly divested at a discount of 40-50%.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.