Jones Lang Unit May Become Top U.K. Subordinated Property Lender

LaSalle Investment Management, owned by the world’s second-largest property broker, may become the most-active provider of subordinated debt for U.K. commercial real estate this year as banks scale back lending.

AIB secures judgment of €14.8m against couple over property loans

ALLIED IRISH Banks has secured judgment for some €14.8 million at the Commercial Court against a couple with significant property investments.

Danske Net Rises 10% as Bank Winds Down Irish Property Loans

Danske Bank A/S (DANSKE) said first-quarter net income rose 10 percent after Denmark ’s largest lender booked higher income from lending and reduced costs. The bank will also wind down its Irish property portfolio to combat loan losses.

U.K. Commercial Real Estate Falls for Second Straight Quarter

U.K. commercial property values declined by 0.7 percent in the first three months of 2012, the second consecutive quarter of decline, Investment Property Databank said.

Insight: China pays high price to spare state firm from bankruptcy

WEIFANG, China (Reuters) - The Chinese official was adamant the city of Weifang would keep its rayon factory open, noting that local authorities had just stepped in to help the plant's owner repay $60 million in commercial paper. The bailout averted what would have been China's first ever bond default and was good news for domestic bond investors, who were reassured that in China even mid-sized ...