What are peoples thoughts on the fact that debt can't be raised ?
I always thought that a conservative level of debt, was fine - although I think there continued to be issues about the concentration risk (regarding overall exposure to property within a fund), and whether or not the property was truely let to an unconnected third party etc.
I always thought that a conservative level of debt, was fine - although I think there continued to be issues about the concentration risk (regarding overall exposure to property within a fund), and whether or not the property was truely let to an unconnected third party etc.