01.06.2012 - More distress ahead in Dutch office market, says Kempen
More distressed office portfolios are expected to come onto the market in the Netherlands, following the recent sales of the Uni-Invest and Orange portfolios, according to a research report issued by Kempen & Co. The merchant bank said the Dutch office sector remains 'in dire straits' due to the high vacancy levels and expected write-downs,. As much as EUR 6 bn bn of CMBS debt is expected to come to maturity by 2014...............................................Full Article: Source
Print