Property is set to continue outperforming equities and bonds in 2003, despite its strong run over th...
Property is set to continue outperforming equities and bonds in 2003, despite its strong run over the past 18 months. Although UK investor interest has pushed down domestic property yields and rental growth, economic recovery is expected to boost the commercial property sector, which has been stagnating over the past three years. Alex Watt, managing director of Standard Life Property Investments, remains bullish about the domestic commercial property sector, saying it is attractive in terms of yield premium over bonds in the current interest rate environment. The asset class is some ...
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