Turmoil in €50bn commercial property market as investors hand office keys back

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Investment funds move to seize control of offices as borrowers default on loans while analysts forecast that up to €10 billion could be wiped off the value of Ireland’s commercial property market

Investors have started handing back the keys to their office properties as the crisis in Ireland’s €50 billion commercial property market deepens, the Business Post can reveal.

As asset values continue to plunge amid a historic cycle of interest rate hikes, owners have begun surrendering properties to lenders in a sign of acute stresses that have emerged in the market over recent months.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 8. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Citigroup's Q3 investment banking fees jumpCitigroup's profit was broadly steady and beat third-quarter estimates as it benefited from rising interest payments and surging investment banking fees, the bank said today.
مصدر: RTEbusiness - 🏆 16. / 61 اقرأ أكثر »

Permanent TSB to change its name to PTSB as part of €5m rebranding investmentThe Irish lender said the rebrand of its name and logo is the first significant change since the merger of Irish Permanent and TSB Bank back in 2002
مصدر: businessposthq - 🏆 8. / 71 اقرأ أكثر »