UK state-controlled lender Royal Bank of Scotland (RBS) has sold a portfolio of Spanish mortgage loans with a face value of EUR 290 mln to US private equity firm Perella Weinberg, PropertyEU has learned. The loan portfolio was sold for EUR 160 mln in cash, or a discount to face value of 45%, sources say.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
