REAL ESTATE

O&Y; Details Assets, Liabilities: Canadian real estate developer Olympia & York Developments Ltd. owned $6.9 billion in property assets when it filed for bankruptcy protection May 14, according to documents it filed with the U.S. Bankruptcy Court. O&Y; also said its total liabilities as of that date were $6.46 billion. It had $5.3 million in cash in bank accounts and other liquid investments. Previously O&Y;, the world’s largest real estate company, had said it owed about $11.25 billion on properties including office towers in the United States and Canada and London’s huge Canary Wharf development. The latest filing, however, includes only assets and liabilities of the parent company and not any subsidiaries.