Property companies' bank borrowing tops £100m
Series: Estates Gazette ; (0207) 16 February 2002, 47(1)Publication details: 2002Subject(s): Summary: Research from the Bank of England and DTZ shows property companies had run up bank debt in excess of £100bn by the end of last year. Outstanding debt to UK property companies rose 5.7% in the 4th quarter of 2001 to £71.3bn. The reasons for this included historically low interest rates and poor stock market ratings. With table of bank loans to property companies.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3807-25 (Browse shelf(Opens below)) | 1 | Available | 116770-1001 |
Research from the Bank of England and DTZ shows property companies had run up bank debt in excess of £100bn by the end of last year. Outstanding debt to UK property companies rose 5.7% in the 4th quarter of 2001 to £71.3bn. The reasons for this included historically low interest rates and poor stock market ratings. With table of bank loans to property companies.