Greece To Propose Securitization For RE Assets

30 Aug 2013

The Greek government is said to be considering issuing a proposal by the end of the year that would prepare state-owned real estate assets for securitization or direct privatization, as it is under pressure to shift the assets to a foreign holding company, possibly in Luxembourg.

The Greek government is said to be considering issuing a proposal by the end of the year that would prepare state-owned real estate assets for securitization or direct privatization, as it is under pressure to shift the assets to a foreign holding company, possibly in Luxembourg.

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