ASSET MANAGEMENT EXPERTISE CRITICAL IN UNCERTAIN 2012

摘要

2011 was a tricky year for the commercial property market: fewer transactions, a widening yield gap between prime and secondary assets, risk-wary investors continuing to sit on their hands and continued restricted availability of bank funding. Then add to the mix the Eurozone crisis at the end of the year, which saw the market weakened further by increasing uncertainty. On a positive note, there were fewer distressed saLes than anticipated. 2012 looks set to be equally challenging. Richard Higgins, Commercial Investment Partner at CKD Galbraith, said: 'Adopting an hoh'stic approach to investment, agency and asset management is required for 2012. More than ever, it's absolutely vital to work assets hard to maintain income and value.'