"The albatross around the neck of the United States commercial real estate industry is the refinancing debt," he said.
Not sure what the debt situation is with gpt
they have exited the jv so that is $4bn of debt gone
but in the 2008 annual report presentation gpt has $2bn due in 2010 and another $2bn in 2012
so not sure if we are covered or not.
anybody know?
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