wells fargo

Wells Fargo To Buy Commerzbank’s U.K. Property Loans

Wells Fargo & Co (NYSE:WFC) has entered into an agreement to acquire Commerzbank’s Hypothekenbank Frankfurt U.K. commercial real estate portfolio.

The leading commercial real estate lender in the U.S, Wells Fargo & Co (NYSE:WFC) has agreed to acquire the former Eurohypo’s U.K. commercial real estate portfolio.  The transaction comprises two pools. One of the pools covers sale of £4.0 billion ($6.95 billion) commercial real estate loan . . .

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