Property is making its mark as an attractive asset class this year, with some experts expecting that trend to continue. Laura Miller looks at where the opportunities - and risks - lay.
People in financial services are talking about UK property. One real estate fund manager from a European investment house has been in the UK twice already this year to see prospects, according to those in the know. Wealth managers and advisers have also started to look again at real estate investment trusts (REITs) and their attitude to property as an asset class has changed a lot of late. Thesis Asset Management director Giles Marriage said his firm has recently increased its allocation to commercial property funds. This ranges from 3.5% in a 'growth' portfolio to 10% in a 'high inco...
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