Key Highlights

  • Investing opportunities available across globe, according to Montague Real Estate’s Thomas Balashev on CNBC’s Squawk Box Asia
  • Uptick in interest from investors in Asia
  • Unduly hammered real estate during pandemic seen as opportunities for gains

Looking to distressed real estate assets can only mean opportunities for gains-seeking investors as the global economy recovers from the pandemic devastation, according to a London prime real estate investor.

Get your free 2021 Fill In The Blank Business Plan Now. Simply TEXT 2021 to 855-685-1045.

Founder and CEO of Montague Real Estate Thomas Balashev told CNBC’s Squawk Box Asia that unjustifiably battered real estate assets during the economic slide of the pandemic will create gainful opportunities for buyers as the economy claws its way back over next year.

Balashev said, “If you look at the way the pandemic’s been handled, both politically and the devastating effect it’s had economically, it’s caught many people by surprise…assets that really shouldn’t be distressed, shouldn’t have had such a significant drop in value, have suddenly come onto the market.”

Both commercial (offices and retail space) and shifting residential demands for homes to the suburbs have left wide-open opportunities in urban environments, now considered to be distressed assets, in Europe, Asia and the UK. Balashev said, “If you’re a liquid buyer and you’ve got deep pockets, there’s going to be a huge plethora of opportunity, not just in one, fixed continent. I think it’s a great time for real estate globally.”

Balashev’s Montague Real Estate that specializes in off-market transaction in prime- and super-prime property markets is already seeing an uptick in investor interest including a +200% to +300% y/y increase from investors from Asia now interested in the UK.

Balashev said, “We have to take that (increased interest) as a positive sign that people in the international markets are still looking to London as a safe haven.”

Thanks to CNBC’s Squawk Box.

URGENT: 2021 Results Released. New FREE On-Line Web Event Reveals 17 Surprising Secrets Of The Top 100 Millionaire Agents. Get Your FREE Spot For The On-Line Webinar Now. When You Attend This Event You Will Have A Sense Of Relief Knowing You Can FINALLY Laugh At Your Money Worries – If You Follow This Simple Plan. Learn How To Generate 100’s of Motivated Leads Without Coming Off As A Pushy Salesperson and Losing Your Soul. Learn Now How To Become One of the 1000s of Agents Making HUGE Money NOW Who Never Thought They Could.

YES, I Want To Attend The FREE Webinar! <——Click To Register
P.S. Free Webinar, Limited Space. Less Than 300 Spots Still Available.

 

Also read: Podcast: Will Corona Virus Fears Kill The Real Estate Market?, Jerome Powell, Chair of Federal Reserve, Expects Interest Rates to Remain Near Zero for Years, Ready – Get Set – FOCUS

Claim Your FREE Real Estate Treasure Map!