Friday, August 24, 2007

It’s not a bed of roses, even for commercial property …

Credit crunch hits Macquarie HQ hunt

"Macquarie has put its search for London and New York office headquarters on ice because the turmoil in the credit markets." "City sources say that, given the recent credit crunch, the bank has decided against taking any decision at this point. It is understood to have put the search on hold last week and will renew its options again next year."

Posted by fahrenheit451 @ 12:01 PM (497 views)
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