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Transcripts for BBCNEWS Asia Business Report 20240604 01:37:00

sinking under the weight of skyscrapers made useless by remote work. high interest rates are making a bad situation worse. many are financed with short term loans. the is $1 trillion of debt you in the next 18 months and so that ll be hard to be finance these loans and a lot of landlords decide that it is not worth it and they will decide to give back the keys and said an default on those loans. some real estate an default on those loans. some real estate companies an default on those loans. some real estate companies will - an default on those loans. some real estate companies will not i real estate companies will not survive the crisis. 0thers real estate companies will not survive the crisis. others are pivoting. so this is a vacant office that is being used in the show equaliser. finding a new lease on life, this midtown manhattan tower often doubles as a film set. as a film set. said their swimmers as a film set. said their swimmers and - as a film set. said their swimmers

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