uarter of 2015, European banks had approximately 0531 billion of non-core real estate exposure - down less than 10% from the third quarter of 2014. European Bank Non-Core Real Estate Exposureh C584 €53 £531 Qs nom LTM Meet Sales Q3 20r5 The ratio of tangible assets to tangible conunon equity for all banks. Source: SNL, ECB, December