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Commercial property investment "cooling"
Recent months may have seen business property investment rise, but this could be set to change.
This is according to Investment Week, which said: "Commercial property may have regained some of the ground it lost since the Lehman Brothers collapse but it appears investor sentiment is cooling on the asset class."
And head of property investment at LV= Asset Management (LVAM) Howard Meaney agreed the market is gradually slowing down somewhat, following the business property rise of approximately 24% seen over the last 12 months.
He stated statistics reveal a change will occur over the next six months, due to a lack of lending from banks and a drop in institutional investor interest.
This could, however, prove to be positive news for some buyers, who are looking for an opportunity to buy at lower prices, Mr Meaney added.
LVAM recently appointed Graham Ashby as head of UK equities, who expressed his confidence in the body's long-term strategy, which has seen the organisation expand its retail investment business despite a volatile stock market.
Posted by Suzannah Taylor
This is according to Investment Week, which said: "Commercial property may have regained some of the ground it lost since the Lehman Brothers collapse but it appears investor sentiment is cooling on the asset class."
And head of property investment at LV= Asset Management (LVAM) Howard Meaney agreed the market is gradually slowing down somewhat, following the business property rise of approximately 24% seen over the last 12 months.
He stated statistics reveal a change will occur over the next six months, due to a lack of lending from banks and a drop in institutional investor interest.
This could, however, prove to be positive news for some buyers, who are looking for an opportunity to buy at lower prices, Mr Meaney added.
LVAM recently appointed Graham Ashby as head of UK equities, who expressed his confidence in the body's long-term strategy, which has seen the organisation expand its retail investment business despite a volatile stock market.
Posted by Suzannah Taylor
Wed, 8th Sep 2010