Lenders remain understanding

Carine Christie

Carine Bonnejean, Managing Director - Hotels, Christie & Co, describes the UK market, where understanding lenders and long-term investors mean that distress has yet to force prices down.

“I wouldn’t want to be a valuer in the current environment. Generally, in the UK, we haven’t yet seen the substantial price corrections witnessed in the US – where reports are suggesting between 20% and 30% reductions in value. The UK’s transaction activity has remained particularly strong despite

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