City Mall Sale Price Is A Reference For Losses Banks Will Incur From Distressed Assets, Analysts Say

11.07.2011 By Cristi Moga

Consultants and appraisers believe the EUR17.3 million price that the shopping center City Mall in Bucharest will be sold for is a reference for the discount banks will have to take in order to sell the distressed assets in their portfolios, and not for the other shopping centers, which are doing well.

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Keywords:
CITY MALL
, SALE
, ANALYSTS