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ABN Amro completes first office sector swap
An article in Property Week of 13 January 2006 reports that
ABN Amro completed the first office sector swap with Lehman
Brothers, swapping the IPD office return against the IPD allproperty
index for a one-year period. The size or price of the
trade was not disclosed. Rawle Parris, Executive Director of
property derivatives for ABN Amro was quoted as saying:
“This is the first time the office sector has been traded and the
first time someone has done a property-for-property swap.”
Maybe this might signal something interesting.
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