US investment firms Lone Star Funds and Kennedy-Wilson Holdings are among remaining bidders for parts of about two billion euros of mainly Irish real estate loans that Lloyds is selling, according to Bloomberg reports.
Lloyds has attracted bids of 10 to 15 cents in the euro for the so-called Pittlane portfolio.
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Property down valuations wipe millions off stagnant housing marketSome properties have had as much as £1m knocked off their value as assessors are accused of being ‘overly cautious’ while property prices stall
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Halifax: House prices rise at fastest pace since start of yearThe average UK house price jumped 0.4% in July, reaching £298,237, close to a record high, new house price index data shows. Will property prices increase further this year?
