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Knight Frank's Eastern Seaboard Offices Report: December 2009

“The majority of listed entities have now largely re-capitalised by raising equity to fill the funding shortfall in debt markets and indications are that selected groups are again in a position to compete for assets with the private and off-shore capital. However selected AREITs and unlisted funds remain under pressure from their financiers, hence many will continue to off-load assets in 2010, mainly into the secondary market.”

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