Volksbank selling €460m in real estate assets and loans
The Austrian company Volksbank has placed a portfolio of commercial real estate and loans on sale that has an estimated value of €460m, according to a document published by the consulting company Oliver Wyman.
The Romanian portion of the portfolio is worth €127m of this, or 27% of the package and includes mostly commercial real estate assets.
Oliver Wyman will be seeking buyers for the assets, which are located in 14 different countries. (source: cijjournal.com)