Demand for UK commercial property shows no sign of abating, despite yield compression in the market....
Demand for UK commercial property shows no sign of abating, despite yield compression in the market. Recent figures from the Investment Management Association (IMA) show there was £409m worth of net inflows into property funds during August, bringing the total figure year-to-date to £2.2bn. Meanwhile, launches of new closed-ended funds by Kenmore and Resolution closed oversubscribed. Amid this strong demand from retail investors, others are looking to reduce exposure to the asset class. Prime sights such as the Gherkin in London are up for sale and property tycoon Simon Halabi has also voi...
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