Aviva Investors seemed to be singing from the same hymn sheet in this regard, as it this week put out a forecast of 8.8% average per annum growth for UK real estate.
The utilities companies are also worth a look given where they are in their regulatory cycle at the moment, Frikkee noted.
The truth often lies between the two extremes of any argument and while there could be plenty of life in the UK consumer story as well as other pockets of strength for the asset class, it would be smart not to discount the negative scenarios when deciding on a portfolio weighting.
