000 01245cab a22002655a 4500
001 L156130
008 120501e2012 xxk 000 0 eng d
035 _a(Sirsi) u156130
041 0 _aeng
100 1 _aAllen, Mark
245 0 0 _aDeleveraging
_beffects on markets around the world
260 _c2012
490 0 _aProperty Week
_v78(17) 27 April 2012, 46-47(2)
520 _aThe 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.
590 _aKA
651 4 _aAustralia
651 4 _aChina
651 4 _aEurope
651 4 _aJapan
651 4 _aSingapore
651 4 _aUnited Kingdom
651 4 _aUnited States
690 _aCommercial property
_96227
942 _n0
999 _c83954
_d83954