Login to UKBP
Commercial Property News
Threadneedle MD expresses caution over commercial property
There is a risk the amount of money being invested in the UK commercial property market will cause it to slump again.
This is the view of managing director (MD) of Threadneedle Property Investments Don Jordison, who said many UK property trusts are having their focus shifted to international real estate, Investment Week reports.
"Would they be doing this if they were not sitting on so much excessive liquidity? I do not think so," he said at Professional Adviser's fund5live investment event.
He urged those thinking of investing in commercial property for sale to look at the "secondary tier of the market", where well-let sites of high quality are available at "very attractive valuations".
And Mr Jordison concluded by saying there is no other real estate market in the world that gives investors so much potential, even though the market is still around 40% off its peak.
Earlier in the month, Cushman & Wakefield predicted global investment in real estate will rise 30% during 2010.
This is the view of managing director (MD) of Threadneedle Property Investments Don Jordison, who said many UK property trusts are having their focus shifted to international real estate, Investment Week reports.
"Would they be doing this if they were not sitting on so much excessive liquidity? I do not think so," he said at Professional Adviser's fund5live investment event.
He urged those thinking of investing in commercial property for sale to look at the "secondary tier of the market", where well-let sites of high quality are available at "very attractive valuations".
And Mr Jordison concluded by saying there is no other real estate market in the world that gives investors so much potential, even though the market is still around 40% off its peak.
Earlier in the month, Cushman & Wakefield predicted global investment in real estate will rise 30% during 2010.
Mon, 22nd Mar 2010