LONDON-Upward price trends in the UK realty market led toincreased sales of troubled commercial assets by creditors andbanks, as sellers considered the price increase trend to beshort-lived. About 64 deals worth $2.72 billion (GBP1.71 billion)have been finalized in 2010 compared to $3.04 billion (GBP1.91billion) worth deals in the whole of last year.
Bank sales accounted for 13% of all property deals in 2010. Lastyear, it was only 7.5% of all transactions. For the fullstory, go to the Wall Street Journal.
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