Goldman Sachs - Goldman: Commercial REITs going bust

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Goldman: Commercial REITs going bust

Thursday, February 26, 2009
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From the Goldman Sachs report: "Commercial real estate trends are eroding at a pace indicating that occupancy and rental declines should match the deep recession of the early 1990s."

Goldman expects a 25% decline in earnings for 2009/10 and dividend cuts to meet $100 billion of debt payments coming due by 2012.

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Topics:		Goldman Sachs \| Real Estate

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