Thursday 24 April 2014

UK fund managers confident

ALMOST 90 per cent of UK fund managers expect the value of their real estate assets to increase in the next three to six months, up from 10 per cent a year earlier, as the market outside London begins to recover.

UK commercial real estate values rose for the sixth straight month in October as the economic recovery gained pace, Investment Property Databank (IPD) said.

London, Manchester and Birmingham are the three UK investment locations most favoured by investors over the next six to 12 months, according to the survey.

Sunday Independent

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