Deals

METLEN has signed a preliminary agreement for the acquisition of a 19-acre property within the Volos A’ Industrial Zone, with industrial facilities covering 5.000sqm.

The developer has signed the lease agreement for the property, which previously housed services of the OAED (Greek Manpower Employment Organization).

JPMorgan failed to conduct due diligence on the commercial real estate loan, then quickly offloaded the risk, “taking home millions of dollars of fees in the process,” Wells asserted.