Financial Times FT.com

Distressed commercial property sales rise

By Daniel Thomas, Property Correspondent

Published: August 17 2009 04:03 | Last updated: August 17 2009 04:03

The number of “distressed” commercial properties coming to the market rose in every region in the world in the second quarter, with the UK in particular seeing a rise in interest in property sold by owners experiencing problems.

According to a study on Monday by the Royal Institution of Chartered Surveyors (Rics), more than three-quarters of the 27 countries surveyed saw a rise in distressed property sales in the second quarter compared with three months earlier.

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