11.06.2009 - UK: Property set for protracted recovery
From Investorschronicle.co.uk: Across the UK, office blocks and shopping centres are turning a deeper shade of red; the value of commercial property has practically halved since the summer of 2007. However, the growing colony of 'vulture funds' waiting to capitalise on this distress are finding that UK banks are playing the role of 'hunt saboteurs' and delaying the start of any real blood-letting........Full Article: Source