Should member-directed pensions invest in commercial property?

There have recently been a number of articles in the trade press, where the question has been asked, "Is it the right time to purchase commercial property?" The period from 2007 to 2009 saw prices fall by around 4O% p.a. and it could be argued that the market had bottomed out and that the only way was up. Nevertheless property does appear to be a recovering market and indeed many rental yield and have now increased to 8% whilst capital values have increased by around 11%. During the recent recession, rental values decreased, as struggling companies found it difficult to meet rental co...