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UBS considers $1bn real estate finance balance sheet

UBS’ New York-based real estate team and London’s special situations team are vying to win internal operational control of the Swiss investment bank’s planned UK real estate lending team with a committed balance sheet of around $1bn, CoStar News understands.
By James Wallace
June 7, 2012 | 7:00 P.M.

The Swiss investment bank is keen to take advantage of its deep investor client base through its wealth management division, with many clients who already invest in real estate, with the rebuilding of a London-based team almost a year in the planning.

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