Commercial property is providing a relatively secure yield with opportunities for income growth, acc...
Commercial property is providing a relatively secure yield with opportunities for income growth, according to Andy Hicks, manager of Edinburgh Property Portfolio. Paul Talbot, managing director, Edinburgh portfolio, says investors have been attracted by the stability of property in a period of volatility. The yields hold an appeal at a time when an increasing proportion of UK corporates are either cutting or failing to pay dividends, says Hicks. He adds: 'Over 2001, the commercial property market returned 7.1% for investors while equity markets were down -13.3%. In 2002, returns fr...
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