PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Debt purchase is most profitable real estate exposure, says Starwood's Gale
The private equity firm Starwood Capital, one of many financial institutions that have set up funds to buy real estate debt, sees the segment as by far the most profitable opportunity amid current very weak world property markets to exploit commercial banks desperate for liquidity. Barden Gale, a senior officer, says returns over 60% are possible.