Deleveraging effects on markets around the world
Language: English Series: Property Week ; 78(17) 27 April 2012, 46-47(2)Publication details: 2012Subject(s): Summary: The credit crunch has forced property companies in almost all regions to deleverage with the crunch's effects likely to be most pronounced and prolonged in Europe. Most property companies around the world have now completed the required deleveraging which has however resulted in few forced sales from banks. Availability of debt on secondary property has been cut dramatically. Internationally property companies have had to diversify their funding sources away from banks. Japan-style deleveraging is seen as the key risk. Debt scarcity in the US and Europe has lead to extremely low levels of space on offer.| Item type | Current library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
| Journal | London Journal article | L156130 (Browse shelf(Opens below)) | Available | 156130-1001 |
The credit crunch has forced property companies in almost all regions to deleverage with the crunch's effects likely to be most pronounced and prolonged in Europe. Most property companies around the world have now completed the required deleveraging which has however resulted in few forced sales from banks. Availability of debt on secondary property has been cut dramatically. Internationally property companies have had to diversify their funding sources away from banks. Japan-style deleveraging is seen as the key risk. Debt scarcity in the US and Europe has lead to extremely low levels of space on offer.