COMPANIES More than four-fifths of the world’s established commercial property markets saw an increase in distressed real estate in the third quarter, although the recovery in markets such as the UK has seen the increase in problems for property owners diminish.
The number of distressed properties coming to market continued to rise across all but four of the 25 countries monitored by the Royal Institution of Chartered Surveyors, but there were signs of an improvement compared with the previous quarter, with the pace of increase moderating across the majority of markets.
