RBS Plans More Property Loans Sales

Royal Bank of Scotland is planning to sell real estate debt portfolios in Germany and the U.S., which expects to fetch several billion pounds.

Royal Bank of Scotland (RBS) is planning to sell real estate debt portfolios in Germany and the U.S., which expects to fetch several billion pounds, Financial Times reports. The bank is also planning to select private equity groups for the proposed £1.6 billion disposal of U.K. property loans this week. The interested parties in the U.K. sale include Starwood, Apollo, Blackstone and Lone Star. The bank has appointed Lazard to advise on the loan sales in the country. RBS has disposed off £1 billion of real estate loans in Spain in the past year.

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