IFAs understanding of property investment has increased, with 60pc confident in their knowledge of REITs, up from 36pc in December 2006, according to research commissioned by Scottish Widows Investment Partnership (SWIP).
Only 16pc of IFAs polled expect returns from indirect property to pick up ahead of those from direct property. These findings are in direct contrast to SWIP's own forecasts and industry expectation. UK property shares are currently discounted by around 25pc and SWIP expects this market to rebound ahead of direct bricks and mortar. Over the last six months, over a third of UK IFAs polled advised clients to reduce their commercial property exposure. However, of these, 28pc are now already recommending property again to their clients while only 14pc plan to wait another 12 months until they ...
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