Diversification more attractive in Euro property

Seven Dials says that many investors are currently leaving domestic commercial property funds following a sharp fall in returns. Analysis of commercial property in five countries against the FTSE 100 shows good risk diversification benefits in international property, according to the group. However, the fund-of-funds manager says large quantities of property are needed in a portfolio to provide a good diversification balance. Simon Critchlow, director of Seven Dials, says: “Recent research conducted by the Investment Property Forum (IPF) in the UK on this issue – which comprised data dra...