Rottke, Nico B.; Gentgen, Julia - In: Journal of Property Investment & Finance 26 (2008) 1, pp. 59-79
Purpose – The German banking sector has recently been facing high real estate loan default rates resulting in the accumulation of a high volume of distressed real estate debt in the banks' balance sheets. As a consequence, German banks are confronted with the workout of their non‐ and...