DTZ Receivers has announced the sale of its second multi-million pound portfolio of distressed properties in less than a week. Yesterday we reported the real estate adviser has ordered the off-loading of a triple-asset portfolio that included two Scottish... Read More
The number of distressed properties advertised for sale in Australian national newspapers has fallen to the lowest level in several years, which is being taken as further evidence that the commercial property sector is on an upwards trajectory. According to... Read More
Aviva is planning to sell its book of distressed property holdings in a move that could raise as much as £400 million for the insurance giant. The sale is further evidence of increasing investor demand that is helping financial institutions recover... Read More
US financial institutions that foreclose on commercial properties may find themselves in a position where they are liable if the site requires an environmental cleanup. This problem has been made worse by the global financial crisis. According to... Read More
