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Firms caught in house trap

Language: English Series: Sunday Telegraph ; 26 January 1992, 34(1)Publication details: 1992Subject(s): Summary: A total of £6bn of corporate money is trapped in residential property throughout the country. Companies which bought employees homes to relocate them to another area are finding it virtually impossible to sell the properties.

A total of £6bn of corporate money is trapped in residential property throughout the country. Companies which bought employees homes to relocate them to another area are finding it virtually impossible to sell the properties.