Arecentreport by NumisSecuritiesestimated thatBritishhousepricescould fall by a further40-55%, saddlingmillionswith properties worth less thantheirmortgage debt.
Trinity aims to earn 25% with each of its investments and, according to NumisSecurities analyst Colette Ord in London, it earned 32% for its first year.
"There will, justifiably, be questions about the adequacy of management and emergency operational procedures on board which may have longer-term cost implications, " said Wyn Ellis, an analyst at NumisSecurities.