Issue 2012 July 24th

This issue was created on 2012-07-24 09:20:00

  • C&R and Area miss German LTV targetJuly 24, 2012
Capital & Regional and Area Property Partners have failed to pass a loan to value test on a €158m loan for their German portfolio 4 joint venture, which was set as a condition last summer for extending the loan by another year. The LTV test formed part of a restructuring agreement between the joint venture partners and loan servicer Hatfield Philips.
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