Aberdeen predicts continued market growth

Aberdeen Property Investors sees continued value within the asset class despite the strong returns it has already generated over the past few years. David Hunter, chief executive of the group, said this is the reason it is looking to launch a property fund aimed at the retail market. Aberdeen is forecasting returns of 10.3%pa over the next two-to-three years. 'In the 10 years to the end of May, statistics have shown that property was the top performing asset class,' said Hunter. 'The question to address is whether there is still value, and our view is that there is.' Property yi...