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Ireland is most vulnerable commercial property market, DTZ says

Posted on 24 November 2010

From Bloomberg: Ireland is the world’s most vulnerable commercial real-estate market because it faces the biggest gap in funding relative to its size for refinancing debt, DTZ Holdings Plc said.
The $6.5 billion shortfall for debt coming due through 2013 is equivalent to 16 percent of the value of Ireland’s commercial real estate investment market, according to estimates released today by the London-based broker. On a proportional basis, the country is followed by Hungary, Spain, the U.K. and Japan……………………………………….Full Article: Source

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