ISA rules to increase commerical property demand

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New rules allowing people to invest in commercial property through ISAs could fuel a strong increase in demand among retail investors for commercial property funds, claims Scottish Widows Investment Partnership (SWIP).

A survey of IFAs, carried out by SWIP, reveal advisers are increasingly advising commercial property as an investment for their clients, with 43% of IFAs claiming an increase in the number of times they have recommended commercial property funds to clients over the past year. Following the rules introduced on 27 December, to allow commercial property to be invested through ISAs, of the 60 advisers surveyed, 35% expect to see an increase in the number of recommendations over the next year. Meanwhile 63% have a positive outlook on the prospects of commercial property compared to just 3% wit...

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