Deutsche Bank Completes Offloading Its $1B CRE Loan Portfolio

Deutsche Bank AG (DB) has offloaded nearly $1 billion in loans tied to U.S. commercial real estate (CRE), as reported by Bloomberg. With this move, the company minimized its exposure to an asset class that adversely impacted its business.Rationale Behind DB’s Sale of CRE LoansDeutsche Bank’s exposure to CRE loans, especially inked to U.S. CRE and office properties, has been concerning investors. As of the end of third-quarter 2024, the bank’s CRE exposure stood at €15 billion, with almost 46% exposure in of ...