09.11.2011 - Europe: Commercial property debt funding gap widens in Europe, DTZ says
Europe’s commercial property debt funding gap increased to $122 billion amid the outlook for asset values to decline in the next three years, according to real- estate broker DTZ Holdings Plc. The shortfall between existing property loans due to expire through 2014 and the amount of debt available rose from $117 billion in May, Nigel Almond, a London-based analyst at DTZ, wrote in a report. The gap shrank 27 percent to $142 billion worldwide, he wrote...............................................Full Article: Source
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