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Losses on UK commercial real estate could equal subprime

Posted on 30 June 2009

From FT Alphaville: BNP Paribas analysts are worried about the health of the UK’s commercial real estate sector.
In a note released on Friday, they warned that a “combination of rising vacancy rates, falling rentals and extraordinarily difficult financing conditions will almost certainly drive UK CRE losses higher.”…….Full Article: Source


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