Sunday, Jan 21, 2007
Commercial property dead - well we knew that!
Sunday Times: Warning over rush into property
The Sunday Times is playing a blinder today. NB Its by far the widest read quality on a Sunday:
More than half the money invested in unit trusts recently has gone into commercial property. But even the funds’ managers say their glory days are over. Investors have been warned they could be piling into commercial property just as the smart money pulls out.
Posted by financial planner @ 02:49 PM (155 views) Add Comment
5 Comments
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1. sold 2 rent 1 said...
"The Sunday Times is playing a blinder today."
Except for David Smith who still paints a rosey picture and fails to explain the risks and the dangers on the horizon
2. enuii said...
New commercial property especially office space seems another over cooked goose, especially in former 'regenerated' industrial areas where there are more empty new-build units than you can shake a stick at. This is one reason why (IMHO) I don't like REIT's as an investment vehicle at this moment in time.
3. Financial Planner said...
agreed whole heartedly
4. financial planner said...
agreed whole heartedly
5. paul said...
I don't think anyone at the Sunday Times takes David Smith especially seriously.
I don't think anyone anywhere takes David Smith especially seriously.