Property players expect PIF bang boom

Jointly published by BDO Stoy Hayward the survey has found a 90% rate of belief in the success of the government’s proposed solution to spread access to property investments. Providing access to property investments without carrying the risk of managing an own portfolio of properties would be overwhelmingly welcomed by investors, particularly retail investors, according to answers from those surveyed. The 300-odd investment fund managers, property developers and others believe PIFs would give both individual investors and pension funds access to property without hurdle issues, such as...