03.09.2009 - Skandia Property fund on the acquisition trail

From Citywire.co.uk: Skandia has become the latest fund manager tempted back into the property market, snapping up sports goods firm Umbro’s Manchester headquarters. ING Real Estate Investment Management’s Nigel Pickup, who runs the Skandia Property fund, says he believes investor sentiment toward the asset class has improved markedly, driven by a reduction in risk aversion and the hunt for income..............Full Article: Source

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