Last Updated: March 1, 2005 10:07am ET
Multiplex Founders Carry Losses at $1B-Plus Wembley Project
LONDON-The Roberts family, the Australian founders of development concern Multiplex, have given an extraordinary guarantee for losses on the Wembley Stadium project. The move is an attempt to ease the nerves of investors following a warning last week that the company will only break even on the euro 1.1-billion ($1.4-billion) job.
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Distressed CRE Continues to Ebb
WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.



