Money grows on trees not in commercial property'. This is one of the best headlines I've seen recently, or as the DJ Chris Evans would say, ‘a top tenuous link to property'.
Apparently, according to the Investment Property Databank (IPD), ‘the world-leader in commercial real estate performance analysis services’, results for its UK Forestry Index showed that an investment in forestry would have far outperformed all asset classes in 2007. In the 12 months to December 2007, forestry in the UK returned 31.6%, far in excess of returns from equities, bonds and commercial property which during the same period earned investors 5.3%, 6.4%, and -3.4% respectively. Maybe I was just too focussed on extolling the virtues of REITs to anyone who would listen, but the funny ...
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