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REITs have suffered their worst year on record, with a key index down 40%. Industry experts see a rebound in '09.
General Growth changed its bankruptcy counsel to Weil Gotshal, parting with Sidley Austin.
Liberty's move to convert some bonds to shares has helped the U.K. property company retire some debt.
Los Angeles's newest luxury hotels are showing signs of strain as room occupancy rates fall.
The global economic crisis has taken its toll on real-estate deals in practically every market. Here is a scorecard of how some of them fared this year.
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