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International  |  24 mai 2009

Europe's REITs challenged by tenant failures

Europe's REITs, fresh from a lengthy round of successful capital raising, may be forced to put their extra cash to work very soon. "Over the course of the second half of the year, we will see an increase in insolvencies and business failures, and we would expect to see rents declining," says Nick Axford, head of European research for CB Richard Ellis. The Wall Street Journal
http://online.wsj.com/article/SB124155288956288575.html?mod=dist_smartbrief

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