Michael Murray: Property companies a profitable long-term home for canny investors
I have bought the shares not in expectation of a quick buck, but of long-term growth
Sometimes it’s called bottom fishing. Sometimes vulture shopping.
Much of my time during the 1980s was spent doing deals with the Jewish business community in London - a business community I always found to be reliable, tough and commercially smart.
Honouring debt commitments and delivering on its promise in terms of business plans and returns was rarely a problem.
When it came to property - specifically commercial property - this business community was ...
