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Property funds could fill bank lending vacuum, says Cordea Savills

Posted on 31 January 2012

Property fund managers could be the next group in financial markets to fill the partial credit vacuum as banks reduce lending, according to the chief executive of international real estate fund managers Cordea Savills.
Private equity managers, government agencies and even hedge funds have become lenders to credit-starved businesses, and other borrowers unable to obtain credit through traditional channels since 2008………………………………………..Full Article: Source


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