14.07.2009 - UK: Property vendors turn bankers to beat debt squeeze
From Reuters: Plucky property sellers are morphing into lenders to soothe Britain's property debt famine and turn dealmaking hopes to reality, in moves that may break the banks' stranglehold on big-ticket property deals. Aviva Investors has thrown the issue into relief by offering debt funding to the successful bidder for a 750-800 million pound portfolio of 47 retail parks, offices and warehouses code-named "Project Ed".........Full Article: Source
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