| From Investorschronicle.co.uk: The US real-estate investment trust (Reit) sector has jumped on news that the Federal Reserve's financial rescue plan will be extended to purchasing 'legacy loans' issued on commercial property assets, potentially opening a new chapter in property's recovery story.
From July, investors participating in the US government's $1tr (£625bn) TALF programme will be able to access funds to purchase triple-A rated commercial mortgage-backed securities (CMBS) loans secured on American office blocks, shopping malls and apartment complexes.......Full Article: Source
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