Press release
WPC Fund to Take Advantage of Global Crisis
Global crisis opens up opportunities for buyers
The management of the World Property and Commodity Fund stated that their fund was formed to focus on the emerging markets almost exclusively, because that’s where the greatest value was. However with inventory that is so clearly undervalued in more developed markets that it was time to take a closer look.
The fallout from the recent credit crunch has forced the sales of very desirable properties. In recent weeks there have been a number of closed bid auctions of land holdings by some of the investment houses at the heart of the current financial downturn and with few active buyers present what would have once been thought of as ridiculously low bids are taking the day. In recent days many highly coveted properties have changed hands and in the weeks to come there are bound to be more.
It is the position of the fund that this is beginning to be a time for active buyers to start seriously looking at the undervalued assets on the market. Many believe looking back in 3, 5 or 10 years that they will see a lot of big winners from this downturn.
ABOUT THE WORLD PROPERT AND COMMODITY FUND the WPC Fund is a closed end investment fund based in the British Virgin Islands. The Fund creates capital appreciation for its investors through the balancing of investments in both Real Property and commodities focusing primarily on investments in the emerging markets of Asia and the Middle East. For more information visit the Fund’s site at www.WorldPropertyFund.com
The Property Journal
Mary Stuben
+44 203 287 2398
mstuben@property-journal.com
http://www.property-journal.com
Registered Office:
Craigmuir Chambers,
PO Box 71 Road Town,
Tortola, BVI
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