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More distress ahead in Dutch office market, says Kempen

Posted on 01 June 2012

More distressed office portfolios are expected to come onto the market in the Netherlands, following the recent sales of the Uni-Invest and Orange portfolios, according to a research report issued by Kempen & Co.
The merchant bank said the Dutch office sector remains ‘in dire straits’ due to the high vacancy levels and expected write-downs,. As much as EUR 6 bn bn of CMBS debt is expected to come to maturity by 2014………………………………………..Full Article: Source


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