BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Talks.cam//talks.cam.ac.uk// X-WR-CALNAME:Talks.cam BEGIN:VEVENT SUMMARY:Miquel Laborde (Laborde Marcet): "\;Properties in strategic lo cations are not going to drop in price"\; - Speaker to be confirmed DTSTART:20200914T100000Z DTEND:20200914T110000Z UID:TALK151294@talks.cam.ac.uk CONTACT:DELETED DESCRIPTION: \nLaborde Marcet is a company specialized in asset management and real estate investment. It has several lines of work: commercial prem ises in high-traffic locations\, office buildings\, residential\, commerci al and industrial centers.\nIts clients are\, above all\, investment famil ies and investment funds . We have spoken with Miquel Laborde \, one of th e company's partners\, to find out how this market is reacting to the curr ent situation and what the forecasts are for the coming months. And it poi nts\, from the outset\, two conclusions: premises in strategic locations a re not going to drop in price\, but in the rest the owners are going to ha ve to adjust rents downwards. \nFrom residential and commercial properties at capital smart city & capital smart city Islamabad "Skymarketing":https ://skymarketing.com.pk/ got you covered with excellent options.\n\nFotocas a: How has confinement affected the operation of Laborde Marcet?\nMiquel L aborde: It has helped us a lot because we have taken advantage of this tim e to reorder the company\, both at the computer and programming level\, wh ich is something that we could not have done if we had not been forced to stop. The first weeks were slow\, and now there is already an important mo vement. We are working hard\, and I do not know if there will be a direct materialization of what is being sown\, but I think that in the coming mon ths there may be a lot of movement\, unless there is another regrowth that will stop everything. \nFotocasa: What has been the behavior of investors during these weeks?\nMiquel Laborde: Caution\, especially. Some people ha ve wanted to continue looking for things\, and others have thought that pr ices will go down\, when they are not. Real estate assets in good location s or strategic positions have not dropped in price. Maybe they will in the future\, but we don't think there will be great discounts. Yes\, there wi ll be large drops in second and third lines\, because there will be a sign ificant vacancy of commercial premises\, but a premises in Paseo de Gracia will not drop in price. \nFotocasa: What do you think will happen in the coming months?\nMiquel Laborde: I think we have to be very attentive to wh at is happening\, be positive and be very careful with the news that is gi ven\, because it can be very damaging on an economic level. It is also a g ood time for re-education of owners in terms of rents and prices in the fu ture\, to put us back in a more comfortable position in the market. For ex ample\, if a commercial premises is closed or cannot sell under the same c onditions in which it did before\, the prices of those properties will hav e to be reviewed and lowered. There has to be a change of thinking in this regard. \nAs for housing\, if there is still financing\, the real estate market will start\, and I think well. \nFotocasa: What type of real estate can be more interesting for an investor right now?\nMiquel Laborde: Real estate assets have been shown to be the most stable investment. Not the mo st profitable\, but the safest. After the past crisis\, investors prefer t o bet on real estate. I believe that both the residential and the commerci al premises in good locations will continue to be refuge assets to invest. The hotels\, although they cannot open now\, are also a safe value in Spa in. \nFotocasa: What investor profile can be interested in right now to ex pand your portfolio of real estate assets?\nMiquel Laborde: Everyone. The usual ones\, from the investor of an SME that continues to grow to the gre at investor with a gigantic patrimony\, through investment funds\, which r ight now are very powerful. \nFotocasa: What role can these investors play in the revival of the real estate sector?\nMiquel Laborde: The fundamenta l thing for the real estate sector will be that the banks continue to prov ide financing\, and it seems that for now it will continue to be so\, and at a good price of money\, in addition. Investors can help\, but the big m ove comes from mortgage financing. If they cut the financing or raise the interest rate\, that's when there will be "qnnit":https://qnnit.com/ . \n\ n LOCATION:Venue to be confirmed END:VEVENT END:VCALENDAR