Port@1 commissions White Paper

Port@l has commissioned an independent White Paper to help finance directors understand the current and future financial issues affecting the commercial property sector. The space and infrastructure company’s paper, Finance – Property & Corporate Real Estate, covers a range of topics such as investment, funding, valuation and managing debt.

John Gotley, Port@l’s managing director said the publication of the paper written by Helen Hide-Wright, a freelance independent researcher, came at a time when the corporate property sector was undergoing considerable change.

“The last three years have seen a dramatic shift in the way finance professionals view property. Investing in commercial buildings is no longer the safe bet it used to be, values have plummeted by almost 45 percent since 2007 and changes in Empty Property Tax mean that portfolios containing a number of moth-balled buildings are becoming more visible on corporate balance sheets and P&L forecasts.”

Gotley said the paper would provide an assessment of where finance and corporate real estate sat today and how this could change as the economy slowly returned to growth.