JPMorgan Chase — the New York-based banking and financial services holding company — has set aside more than £3bn for the “opportunistic” purchase of distressed and lease-expired European property. The three-year campaign to buy up commercial... Read More
Commercial Mortgage-Backed Securities (CMBS) are offering better yields to investors than corporate bonds issued by lenders, which means investors seem to be betting on a commercial property recovery. According to JPMorgan Chase & Co., relative spreads... Read More