Thursday, May 21, 2009

Huge Commercial Property Bump!

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 (891 views)
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One thought on “Huge Commercial Property Bump!

  • 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.

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