Future looks bright for commercial property

Commercial property is having a strong run but it is still worth investors putting it into portfolios because it acts as a diversifier and much of its total return comes from income. That was the view of Philip Gadsden, head of external funds at Insight Investment, in a speech to delegates which also covered the future prospects for the asset class. He said: "Commercial property is an income-orientated asset class that does produce capital growth. If you put property into a portfolio comprising equities and bonds, it really does diversify risk and can improve returns. It is a good asset c...