A private equity has termed investing in distressed assets risky. Distressed assets, which are put on sale usually at a cheaper price because the owner is under pressure to sell, should sometimes be avoided, says Fusion Capital executive director of real estate James Maclean in a new market report.
Mr Maclean advises investors eyeing such property to have an understanding of the market and resist the urge to make bets. They should also look out for true value opportunities and focus on yield and an exit.
