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RICS global distressed property monitor August 2009 [electronic resource]

By: Language: English Series: RICS Global Distressed Property Monitor ; August 2009Publication details: London RICS 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that over 75% of the 27 countries surveyed have seen a rise in distressed properties compared to the previous three months. Investor interest in distressed properties has grown in globally, with the biggest pick up in Italy and the UK. Suggests that the speed of bank foreclosures remains moderate with less than 2 in 10 respondents on average reporting a pick up.

Reports that over 75% of the 27 countries surveyed have seen a rise in distressed properties compared to the previous three months. Investor interest in distressed properties has grown in globally, with the biggest pick up in Italy and the UK. Suggests that the speed of bank foreclosures remains moderate with less than 2 in 10 respondents on average reporting a pick up.