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IPFS News Link • Economy - International

London Commercial Real Estate Takes a 50 Percent Haircut

06-19-2009 • Bloomberg.com

The properties, including JPMorgan Chase & Co.’s offices at 125 London Wall and 60 Victoria Embankment, are now worth less than the value of the loans that back them...

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Reported By Jack Gregson

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London Commercial Real Estate Takes a 50 Percent Haircut

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