27.02.2009 - Property advisory consolidation is inevitable, says BNP Paribas |
From Propertyeu.info: Global property services firms have expanded too rapidly over the past years with some having fuelled this expansion with short-term debt finance that is proving challenging to re-finance, according to Patrick Curran, managing director of BNP Paribas Real Estate Ireland. Curran said other firms find themselves in the position of having to go through rights issues at deeply discounted share prices..... Full Article: Source |