SocGen In Talks To Sell CRE Loans To Blackstone

19 Mar 2012

Société Générale is in talks with the Blackstone Group to sell EUR100 million ($131.2 million) in commercial property loans on U.S. office and retail developments.

Société Générale is in talks with the Blackstone Group to sell EUR100 million ($131.2 million) in commercial property loans on U.S. office and retail developments. It is also said to be in the early stages of unloading EUR1.8 billion ($2.36 billion) of performing loans in Europe.

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