Monday, Mar 19, 2007
Fund managers to reduce gearing in property funds
Telegraph: Property to shift down a gear
British property fund managers are to cut debt levels on their main funds in anticipation of a market downturn. Some of the UK's biggest fund managers, including Henderson, ING and Schroders, are in the process of raising equity and selling assets to reduce interest payments before the market dips.
Posted by webmaster @ 09:07 AM (139 views) Add Comment
6 Comments
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1. paul said...
"Henderson expects property prices to fall in 2007 and 2008"
Enough said really. Still, inflation threats are very real, and the BofE will need to raise rates to protect the pound ...
2. Davros said...
What are they thinking the fools? Why don't they listen to the real experts, Steve, David and GloriusSunshine? Don't they know house prices only go up?
3. mrmickey said...
If the real rate of inflation is 7 or 8 percent then as an investment your going to need at least that in hp inflation or your losing money on the deal.
4. pedagog said...
Don't forget this is mainly commercial property but all the same very interesting.
5. talking rot said...
Could some one explain the correlation between the commercial property sector and the residential property sector please? Do trands in the commercial sector precede trends in the residential for example?
Thanks
6. David20040_0 said...
I never said houses prices only go up, in countries like the United States where there is plenty of land to build themselves out of the problem they can go down.
But they will not drop here in the UK for the forseeable future.