07:02
The Bank of England is monitoring real estate investment trusts as a sharp rise in British commercial property prices raises concerns about financial stability, the BoE's governor Mark Carney said on Monday.
"We are watching some developments including...in the publicly traded commercial rest estate market, the unit-trust market, to ensure that is not a potential amplification channel of financial instability," Carney told the European Parliament's economic affairs committee.
Read Full Story: BoE monitors real-estate funds after property price surge -Carney
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