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Lending to property groups falls

Language: English Series: Financial Times ; 29 April 1992, 11(1)Publication details: 1992Subject(s): Summary: Record levels of lending by banks to property companies is set to decline after a year of rights issues and funding by bonds to refinance existing debts, research from Savills indicates, with a fall in investment of £2bn per year for the next four years.

Record levels of lending by banks to property companies is set to decline after a year of rights issues and funding by bonds to refinance existing debts, research from Savills indicates, with a fall in investment of £2bn per year for the next four years.