30.06.2009 - Commercial property GBP50bln in debt
From Estateagencytimes.co.uk: The commercial property sector in the UK is reported to be in negative equity of up to 50bn, says Savills. William Newson, head of valuations at Savills commented that the amount of negative equity was estimated at around 22 per cent of the 225bn of debt outstanding to commercial property........Full Article: Source
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