27.02.2013 - UK commercial property investment returns set to rise
Commercial property returns in the UK are set to improve in 2013 even though the economic growth for the year is likely to be slow, Property Wire reported on February 25. The industry website cited projections by Legal & General Property, UK’s third largest institutional property fund manager, which expects that prices for the market as a whole will remain stable throughout the year, in contrast to 2012 when the market fell about three percent. Legal & General Property points to three key factors that will drive commercial property investment returns in 2013. First up is the efforts of central banks in Europe and beyond to stimulate growth, which have been factored into the company’s forecasts for higher economic growth...............................................Full Article: Source
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