Lucent Group says the supportive political and demographic fundamentals in the UK is set to see the outperformance of land as asset class.
Lucent says it expects favourable conditions underpinning the asset class will continue throughout 2012. Lucent Strategic Land Fund (LSLF), which is a Luxembourg domiciled SICAV-SIF, has returned 29% for its investors in the last 10 months which is double its original stated targeted return. Lucent reports that the primary opportunity in UK real estate currently resides in land, not property. The UK Government’s stated objective to increase UK housing stock can only be met if first the huge demand for land with planning consent is met, predicts the fund managers. Lucent Advisors serve as...
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