09.11.2011 - Global property debt funding gap narrows -DTZ
The amount of global property debt that could face refinancing problems in the next three years fell 27 percent to $142 billion over the six months to November, property research firm DTZ said on Tuesday. It said loan sales were picking up and there was sufficient equity to cover the funding gap, which it defines as the difference between the existing debt balance secured by commercial property as it matures and debt available to replace it...............................................Full Article: Source
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