MOSCOW, June 2 (Reuters) - Bad loans could spark a major sell-off in real estate assets pledged with Russian banks this autumn, an official with Russia's Sberbank, a major lender to the real estate sector, said on Tuesday.
'A lot of banks will have major problems in the autumn, and they could start dumping real estate like owners are dumping now,' Alexei Chuvin, director of construction finance at Sberbank, told reporters.
