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Equity replaces bank debt

Language: English Series: Estates Gazette ; (9345) 13 November 1993, 42 | CSW - The Property Week ; 45(7) 18 November 1993, 12(1)Publication details: 1993Subject(s): Summary: Total bank lending to property companies fell by £1.2bn to £35bn in the three months to September. The drop, the biggest quarterly one in two years, marks an increase in the speed by which banks are reducing their exposure to the sector.

Total bank lending to property companies fell by £1.2bn to £35bn in the three months to September. The drop, the biggest quarterly one in two years, marks an increase in the speed by which banks are reducing their exposure to the sector.