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Real Estate Briefing - Categorized | Commercial property Watch, Market Moves more

UK: Property set for protracted recovery

Posted on 11 June 2009

From Investorschronicle.co.uk: Across the UK, office blocks and shopping centres are turning a deeper shade of red; the value of commercial property has practically halved since the summer of 2007.
However, the growing colony of ‘vulture funds’ waiting to capitalise on this distress are finding that UK banks are playing the role of ‘hunt saboteurs’ and delaying the start of any real blood-letting……..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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