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Debt: Credit crisis throws up profitable opportunities

By Daniel Thomas

Published: September 12 2008 03:36 | Last updated: September 12 2008 03:36

The debt market has become a focus for many traditional real estate investors, as the banking crisis throws up profitable opportunities.

News last month that Lehman Brothers was to dispose of its real estate book was only the latest sign in a widespread attempt by banks to divest themselves of loans in the sector. In some cases, the value of assets has sunk below the value of the debt, owing to the fall in prices.

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