The big question on everyone's lips seems to be when to go back into commercial property, I'm worrying about how we're going to avoid repeating the mistakes and naïve advice of the last three years.
Sure as ‘eggs is eggs’, the rapid falls of the last six months will sooner or later be followed by equally rapid rises. And, if the industry doesn’t do more to push adviser education about the dynamics of property as an asset class and how to read the information coming out of the market, then maybe next time the threats of misselling will have a bit more substance. In my role, I am naturally keen to see the development of REITs regimes across different countries, but a shiver ran down my spine recently when the spectre of EU REITs raised its ghastly head again. The prospect of Brussels...
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