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Ireland: Developers’ assets dropping in valueview list

Posted on 13 October 2008

From Irishnews.com: The value of property assets of some of Ireland’s major developers is falling, which could lead to bad debts in some of the countries leading banks.

Some properties, particularly in the Dublin area, have been written down by up to almost two thirds of their value. With just two days to go to the budget, the country’s banks might be in trouble again….. Full Article: Source


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


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