| From Investorschronicle.co.uk: This week's near collapse of German lender Hypo Real Estate, one of the biggest commercial property lenders in Europe, has sent shockwaves throughout European property markets and threatens to send asset prices tumbling.
It was Hypo's failure to refinance its public sector lending arm Depfa, rather than the quality of its property lending book, that caused the trouble. Nevertheless, the German government's €50bn (£39bn) bailout will not be the end of its woes given the liquidity crisis engulfing Europe's commercial property markets..... Full Article: Source
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