01.07.2009 - Property fund looks to team up with property developers
From Propertyeu.info: Fund manager Managing Partners (MPL), which runs the British Property Opportunities Property Fund, says that a growing number of property developers are facing funding problems on new projects because their banks are freezing their lending until they can demonstrate a certain level of off-plan sales. Through its British Property fund, MPL is helping property developers overcome this difficult situation by offering to buy some of these properties off-plan.........Full Article: Source
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