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Irish commercial property market now the most vulnerable in world

Posted on 26 November 2010

From Independent.ie: Ireland has the most vulnerable commercial property market in the world because it faces the biggest gap in funding relative to its size for refinancing debt, property company DTZ said.
The country has a $6.5bn (€4.8bn) shortfall for debt between now and 2013 which is equivalent to 16pc of the value of Ireland’s entire commercial real estate investment market, according to the London-based property broker, which also has operations in Ireland……………………………………….Full Article: Source


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