Property's £225bn timebomb
Language: English Series: Property Week ; 75(20) 15 May 2009, 20-23(4)Publication details: 2009Subject(s): Summary: Summarises the findings of the latest De Montfort University survey of the UK commercial property lending market. Surprisingly the value of lending to the commercial property sector increased again in 2008. Outstanding debt to real estate rose by 8.5% to £225bn by the end of 2008, or to £243.3bn when social housing is included. For the first time in the history of the research there was a decrease in the annual volume of loan originations. The pace of lending is likely to slow again during 2009.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L147507 (Browse shelf(Opens below)) | 1 | Available | 147507-1001 |
Summarises the findings of the latest De Montfort University survey of the UK commercial property lending market. Surprisingly the value of lending to the commercial property sector increased again in 2008. Outstanding debt to real estate rose by 8.5% to £225bn by the end of 2008, or to £243.3bn when social housing is included. For the first time in the history of the research there was a decrease in the annual volume of loan originations. The pace of lending is likely to slow again during 2009.