Property investment firms 'may have missed the boat'

Property investment firms 'may have missed the boat'

It may be a little late for companies looking to make commercial property investments at this time, an expert claims.

Property investment firms may be too late to get the best return on their investment, it has been claimed.

According to research from Tritax, commercial development property is now number three in the list of top-selling investment classes, MyIntroducer.com reports.

Money invested in commercial property during the month of June totalled £196 million - twice the figure that was seen in May, Tritax notes.

The firm's head of marketing Anthony Wyld said there are still a few good investment opportunities with prospects for capital growth and yield.

"Collective funds are simply adapting their property acquisition strategy to reflect the rate of inflow of funds being received, which means often they are having to buy property regardless of whether it offers good value," he added.

Ed Trevillion, the head of real estate research for Scottish Widows Investment Partnership, recently claimed that property investment in prime locations will remain popular and will survive any potential double-dip recession.

Posted by Lisa FearADNFCR-2843-ID-800037446-ADNFCR
Tuesday, 24 August 2010 00:00
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