Advisers switch attention to property yields

The Reita study suggests only 21% would not recommend property company shares on yield values, some of which currently stand over 6%, citing the risk of further falls in capital values and concerns about share price volatility. This comes despite the fact 68% still predict falls of up to 15% in commercial property prices over the course of the year. A further 1 in 5 (21%) predict falls of between 15 and 25% this year, whilst only 3% expected falls of greater than 25%. "Like many property fund managers and industry experts, IFAs clearly expect property price values to continue to declin...