Commercial Finance Specialists

Property investment is still a sensible option for pensions savers, according to experts.

Property investment remains an attractive proposition for pensions savers despite falling values, it is claimed.

Investing in commercial development assets produced double-digit returns prior to the credit crunch, which promptly turned to double-digit losses after the downturn hit, according to Money Marketing.

However, there are "signs of life" in the commercial property sector, the publication claims, even though there is the possibility of prices falling slightly in the next year.

"We believe that confidence is returning to the commercial property market, although we anticipate further downward pressures in returns for current holders of UK property over the next 12 months," the head of self-invested personal pensions at Standard Life Alistair Hardie told Money Marketing.

Alliance Trust pensions development manager Steve Latto added that it is very common for his clients to place their work premises within their pension.

BNP Paribas recently claimed that it will take around 15 years for commercial property prices to return to pre-recession levels.

Posted by Tess Nelson