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Canary Wharf office goes for knockdown price as property pressures mount

Canary Wharf office goes for knockdown price as property pressures mount
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Empty office buildings have become a debt time bomb

NEW YORK – In New York and London, owners of gleaming office towers are walking away from their debt rather than pouring good money after bad. The landlords of downtown San Francisco’s largest mall have abandoned it. A new Hong Kong skyscraper is only a quarter leased. Read more at straitstimes.com.

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