21.12.2012 - S&P report examines 2013 outlook for commercial real estate
With some notable exceptions, a common theme has played out in European Commercial Real Estate (CRE) in recent years: Reduced capital values and economic weakness have undermined CRE loan performance across Europe, breaching covenants and pushing other loans into default. To address investor questions on our view on the 2013 outlook for CRE, Standard & Poor's Ratings Services has published a Credit FAQ titled "2013: Another Year Of Managing The Legacy Of The European Commercial Real Estate Boom."..............................................Full Article: Source
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