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NAB sells $1bn worth of UK property loans

National Australia Bank (NAB) has agreed to sell £625 million (AU$1.1 billion) worth of UK commercial property loans to Cerberus Global Investors.

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Read more: NABUKCerberus Global InvestorsNAB Group Chief Executive Officer Andrew ThorburnNAB UK CRE portfolioNational Australia BankInvestmentMayUK Commercial Real EstateUK operationsUK property loans