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Banks dust off distressed City schemes

By: Language: English Series: Property Week ; 76(45) 12 November 2010, 20-21 (2)Publication details: 2010Subject(s): Summary: Below the level of the new wave of high profile Square Mile developments renewed interest is emerging in the swathe of City distressed sites either in receivership or where banks have taken control from the original borrowers. With grade A office vacancies bottoming out in 2014/15 and rents likely to rise sharply lenders with distressed City schemes on their books are highlighting the potential of these sites. Examines the prospects of eight City distressed sites.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L151554 (Browse shelf(Opens below)) 1 Available 151554-1001

Below the level of the new wave of high profile Square Mile developments renewed interest is emerging in the swathe of City distressed sites either in receivership or where banks have taken control from the original borrowers. With grade A office vacancies bottoming out in 2014/15 and rents likely to rise sharply lenders with distressed City schemes on their books are highlighting the potential of these sites. Examines the prospects of eight City distressed sites.