17.08.2010 - Pension schemes shifting toward city centres, says Cushman & Wakefield
From IPE: European pension schemes are diverting their retail exposure away from shopping centres toward city-centre high streets in search of higher yields generated by active management. David Rendall, chief executive at Cushman & Wakefield Investors European, told IPE Real Estate that "urban retail" – high street assets redesignated to avoid the label of a "4%, low-yield prime shop" – would benefit from city-centre regeneration..............................................Full Article: Source
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