Friday, May 14, 2010
U.K. Commercial Property Prices May Decline
Bloomberg: U.K. Commercial Property Prices May Decline, Biggest Funds Say
U.K. commercial real estate prices may fall next year as investors’ enthusiasm for buying stores, offices and warehouses wanes, according to the managers of the country’s largest property mutual funds. Banks will put more assets on sale as they refuse to refinance loans maturing next year that borrowers are unable to repay.
Posted by karma4all @ 10:59 AM (536 views) Add Comment
1 Comment
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1. Karma4all said...
Probably more relevant to some peoples pensions rather than the housing market.