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Property investors lost 11.4pct over five years

Posted on 07 February 2013

UK commercial property fund investors have lost an average of 11.4 per cent over the past five years, analysis by Castle Trust has shown. Sean Oldfield, chief executive of the housing investment and shared equity mortgage provider, claimed analysis of returns from 42 funds in the IMA Property Sector showed the best return from the 14 funds focused on the UK over five years was a meagre 1 per cent, while the worst performance was a loss of 26.6 per cent.
Mr Oldfield claimed advisers were instead turning to UK residential property, after a survey of advisers found 34 per cent expect increased interest in 2013 as the sector recovers………………………………………..Full Article: Source


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