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Explainer-European banks and their $1.5 trillion commercial property headache

By Tom Sims and John O’Donnell FRANKFURT (Reuters) – European banks have about 1.4 trillion euros ($1.50 trillion) in loans to the troubled commercial property industry, amid a steep fall in office prices on both sides of the Atlantic and investor concerns about lenders’ ability to handle the risk. Banks in Germany have become a…
United States John Odonnell Tom Sims Jens Tolckmitt Deutsche Pfandbriefbank Alexandre Grellier

Explainer: European banks and their $1.5 trillion commercial property headache

European banks have about 1.4 trillion euros ($1.50 trillion) in loans to the troubled commercial property industry, amid a steep fall in office prices on both sides of the Atlantic and investor concerns about lenders ability to handle the risk.Banks in Germany have become a particular focus becaus
United States Alexandre Grellier Deutsche Pfandbriefbank Jens Tolckmitt European Central Bank European Banking Authority

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