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UK: Perfect time to buy commercial property, says Threadneedle

Posted on 18 November 2011

Don Jordison, manager of the Threadneedle UK Property Trust, believes now is a once-in-a-generation buying opportunity in the commercial property sector. Jordison feels that prices are more distressed than at the height of the financial crisis in 2008, and has done more deals in the past two weeks than over the past six months combined.

‘You have a moment in time that is five years from the top of the market. [It is] a point at which many five-year loan deals were structured, and we are seeing those unwind with the need for refinancing or crystallising their losses; this means there are many sellers coming back to the market,’ he said………………………………………Full Article: Source


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