| 16.10.2008 - Plight worsens for commercial property sector |
| From FT: Hundreds of millions of pounds have been pulled from commercial property investments and developments in the UK in the past few weeks, exacerbating already accelerating losses in real estate values across the country. Autumn is traditionally the time when property activity picks up from the summer recess, but the struggling sector has slowed further as the funding market almost entirely closed for new transactions..... Full Article: Source |