Thursday, Jan 11, 2007
Standard Life: UK property market "might be heading for a fall in a few years time"
The Scotsman: SLI launches two new property funds aimed at UK and Europe
This is an article about two new REIT-based property funds which have just been launched by Standard Life. The interesting thing is that they don't sound at all enthusiastic about the UK housing market: the fund manager says "We're not looking at the UK through rose-tinted spectacles. The UK is moving towards the end of its property cycle and returns will slow to low single-digit returns in the next two to three years." and "If we see no value in a particular country, it might be the UK, which is looking like it might be heading for a fall in a few years' time, we will come out completely".
Posted by scunnered @ 02:16 PM (145 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.