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Commercial property GBP50bln in debt

Posted on 30 June 2009

From Estateagencytimes.co.uk: The commercial property sector in the UK is reported to be in negative equity of up to £50bn, says Savills.

William Newson, head of valuations at Savills commented that the amount of negative equity was estimated at around 22 per cent of the £225bn of debt outstanding to commercial property……..Full Article: Source


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