Lloyds In Venture To Recover Irish Property Values

12 Aug 2011

Lloyds Banking Group has joined Green Property to recover the value of as much as €1 billion ($1.42 billion) of distressed properties backed by debt from the troubled lender.

Lloyds Banking Group has joined Green Property to recover the value of as much as €1 billion ($1.42 billion) of distressed properties backed by debt from the troubled lender. Green, a Dublin-based property group, will manage the venture with the aim of helping Lloyds avoid booking significant losses ...

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