Thursday, May 21, 2009
Huge Commercial Property Bump!
SKY: British Land Writedowns Spark Bank Fears
UK property giant British Land has seen £3.2bn wiped from the value of its portfolio, sparking new fears that banks will suffer huge losses from their commercial mortgage lending.
Posted by alan @ 05:08 PM (504 views) Add Comment
1 Comment
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1. crunchy said...
Make your bloody minds up.
Are we on the up or going down?
Let me clarify it for you- We are fncked. There that's it!
Now media, SHUT IT! or start telling the truth and stop pandering to Cinderella story seekers.