Commercial property investment 'could yield 25% returns'

Commercial property investment 'could yield 25% returns'

Standard Life Investments believes that a globe-spanning property portfolio will yield good returns this year.

Scottish asset management firm Standard Life Investments has forecast that those taking out commercial mortgages could be rewarded with returns of up to 25 per cent over the next three years.

The company said that a diverse, globe-spanning portfolio could produce a significant relative to the likes of corporate bonds, with capital once again returning to bricks and mortar sites around the world, Citywire reports.

Andrew Milligan, head of global strategy at Standard Life Investments, said those who invest in commercial property now could profit from the improving sentiment in the European market.

"The good thing about commercial property nowadays compared to ten years ago is that now investors can get access to a global property portfolio," he told the news provider.

Earlier this week, the property investment company announced the completion of its acquisition of a logistics warehouse in Bolton for £14 million, reflecting an initial yield of eight per cent.ADNFCR-2843-ID-19650210-ADNFCR
Thursday, 04 March 2010 00:00
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