The demise of Lehman Brothers and the global financial crisis that followed is the most significant economic event of recent memory. With real estate at the heart of the collapse, it scarred and devastated many in the industry as well as creating a plethora of opportunities for those with equity and a healthy dose of bravery.
With the market now reaching a later point in the cycle EG’s head of content David Hatcher caught up with Duncan Owen, global head of real estate at Schroders; Richard Croft, chief executive of M7 Real Estate and Margaret Doyle, partner at Deloitte to discuss gory recollections of the dark days of September 2008, the lessons learnt and whether another crash might be around the corner.