Apr 13, 2012 10:51 BST The cost of breaking swaps contracts taken out by real estate investors who borrowed in Euros at the peak of the property market in 2006/07 has increased substantially, according to an analysis by global real estate advisor, CBRE.
Tag: interest rates
Apr 13, 2012 10:48 BST
Apr 13, 2012 10:46 BST
Apr 13, 2012 10:44 BST Low interest rate environments are intended by governments as a way of stimulating economic growth by encouraging business investment. However, those same low interest rates have created a significant barrier to banks working out their legacy of non-performing real estate loans.