Property Investment

UK commercial property is set to remain in the doldrums through the first half of this year, before signs of recovery begin to appear, according to the Real Estate team at Credit Suisse Asset Management.

OPTIMISM as to the prospects for property funds in 2008 was the surprising finding from Standard & Poor's Fund Services' latest round of fund manager interviews.

Close Investments has announced it is to suspend dealing on its Closepip property fund in order to s...

CLOSE Investments has become the latest commercial property fund manager to announce a temporary suspension in trading in one of its funds.

STANDARD Life Investments' Select Property fund has increased its direct exposure to the Asia Pacific region.

SCOTTISH Equitable has suspended withdrawals on its £2bn property fund, denying 129,000 investors access to their money for up to a year.

DESPITE a fall in the valuation of the New Star Property trust of 17.8pc since July, Roger Dossett, chief executive of property fund management at New Star, believes the UK property crisis will be short lived.

MORE than three quarters of UK employees believe the most effective way to save for retirement is through a pension plan with property investment, or by investing in a mixture of property, pensions and other assets, according to a survey by Towers Perrin....

REITA has launched a databank centre on its website (www.reita.org) enabling investment professionals to more easily research and compare property investment performance.

THE value of property in the Matrix European Real Estate Investment Trust (REIT) rose to £558.4m by September 30, 2007, an increase of £32.1m over the quarter.