| Weeks: £1 billion by the year-end |
The primary real estate derivatives market in the UK might soon exceed an annual £1 billion ($1.75 billion) in value for the first time, possibly indicating the beginning of an explosion in property derivative trading, according to real estate analysts. Charles Weeks, head of new business development at Protego, a fund management company specializing in property derivatives, estimates that there has been about £600 million-worth of primary real estate derivative transactions so far this year in the UK.
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