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Evening Std - Duke of Westminster wary of property prices

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Grosvenor has long been cautious of the London market, and began cutting its exposure to the capital’s property sector four years ago. Chief executive Mark Preston said: “We think a lot of these markets are overvalued... if anything we’re surprised more hasn’t happened sooner.” 



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8 hours ago, TonyJ said:

So even the chief exec of one of the biggest property investors in the world is bearish and surprised the market hasn't tanked further and sooner. Our very own happyguy (HPC poster) must think he is a moron for harbouring such silly ideas.

To be honest I do not care it does not affect me I paid my mortgages off a long time ago

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1 hour ago, juvenal said:

I just pray that the Duke doesn't go short of cash...

I thought the poor sod was dead in fact but I guess not if he's unhappy about property prices. 

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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