Irish property funds book writedowns of €240m as commercial market turns

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 71%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Some of Ireland’s largest property funds have recorded almost €240 million in write-downs over the last six months, as the commercial real estate market continues to correct in the face of rising interest rates and weak demand.

A Business Post analysis has found that eight funds operated by Bank of Ireland, Irish Life, Aviva, Zurich and

State Street Global Advisors, with a combined value of more than €4.6 billion, have seen their value eroded by ...

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 8. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

It is intentionally weak because they don't want people owning profit. That's why prices are still so high with weak demand. The vultures will buy them all.

The fed should have been aware of what was going on at SVB though

مصر أحدث الأخبار, مصر عناوين