Finance
Language: English Series: EuroProperty ; 5 May 2008, 29-35(12) Publication details: 2008Subject(s): Summary: Reports on the effects of the credit crunch in Europe. The main result is that lenders are only funding a small number of deals. Finds that banks are now funding only low-risk, high profit property ventures to well-connected, cash-rich investors. Suggests that take-up rates, rents and development activity will decline leading to job cuts, including in London. Table shows syndicated lending to European borrowers in the property sector for the first quarter 2008, compared to 2007 and 2006.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L143592 (Browse shelf(Opens below)) | 1 | Available | 143592-1001 |
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Reports on the effects of the credit crunch in Europe. The main result is that lenders are only funding a small number of deals. Finds that banks are now funding only low-risk, high profit property ventures to well-connected, cash-rich investors. Suggests that take-up rates, rents and development activity will decline leading to job cuts, including in London. Table shows syndicated lending to European borrowers in the property sector for the first quarter 2008, compared to 2007 and 2006.