| The global debt refinancing shortfall in the real-estate market has been reduced by 17% over the last six months, mainly because the U.S. funding gap has narrowed to zero, but the U.K. and Japan continue to have the largest absolute gaps, experts say.
Commercial property advisor DTZ Holdings PLC said that the global debt funding gap--which is the difference between existing debt and the debt available to replace it--is expected to shrink to $202 billion over the next three years, compared with a gap of $245 billion forecast in November..............................................Full Article: Source
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