Liquid real estate Issue 05
Relationships count for investors
European CMBS forced to the brink
The switch in focus from the commercial mortgage-backed securities (CMBS) market to bank debt has brought to prominence a number of investors seeking to take advantage of opportunities in the commercial real estate market. "These funds have solid relationships with banks and a good track record," says Tim Crossley-Smith, head of valuation at property consultants GVA Grimley...