A view of East London from an aerial view. As the sun sets its glow is captured on the skyscrapers of Canary Wharf – the second business district of London.
Ray Wise | Moment | Getty Images
Opportunity abounds for investors looking to seize on distressed real estate assets in the wake of the coronavirus pandemic, according to one of London’s prime real estate investors.
Thomas Balashev, founder and CEO of Montague Real Estate, said real estate has been unduly hammered during the downturn, creating opportunities for buyers to make gains as the economy recovers.
“I think it goes without