This could lead to some blood if they are right.
European banks may face a 156bn shortfall in funds needed to refinance commercial real-estate debt in the next two years, DTZ Holdings Plc estimates.
About 480bn of property loans will mature by the end of 2011, according to research by the London-based broker. Banks wont be able to refinance all of the debt, particularly when loans exceed the value of the properties backing them. More than half of the shortfall will occur in the U.K. and Spain, DTZ said.
bloomberg.com
Could also be ok for us and lead to more work out portoflios?
This could lead to some blood if they are right.European banks...
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