| 04.06.2009 - Investors get burnt in UK property slump |
| From Theage.com.au: MORE pain is in store for British commercial property investors after fund managers and analysts further cut predictions for the sector and tempered their hopes of a recovery in 2011. Experts predict property values and rental rates will worsen in the office, industrial and retail real estate sectors, adding to concerns about the ability of property owners to service billions of pounds in bank loans.........Full Article: Source |