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Wall Street Journal: "[Hammerson, et al] Challenge for 2012: Debt"

Link to Wall Street Journal

"U.K. real-estate investment trusts [like Hammerson, quoted in the subscription article] are in a bullish mood, as they emerge from the biggest slowdown in the U.K.'s property market in decades.

"But market analysts say the optimism may be overdone. After all, property values are likely to fall in 2012 because of the shaky economic climate, finance is likely to be scarce, and consumer confidence in a next-to-no-growth environment will remain low."

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