Property companies' bank borrowing tops £100m
Property companies' bank borrowing tops £100m
- 2002
- Estates Gazette (0207) 16 February 2002, 47(1) .
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.
BANK OF ENGLAND
DTZ RESEARCH
PROPERTY COMPANIES
INTEREST RATES
STOCK MARKET
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.
BANK OF ENGLAND
DTZ RESEARCH
PROPERTY COMPANIES
INTEREST RATES
STOCK MARKET