Schroders switches property fund strategy
Schroders is planning to change the strategy of its Global Property Income Maximiser and rename it the Schroder Global Real Estate Securities Income Fund.
Schroders is planning to change the strategy of its Global Property Income Maximiser and rename it the Schroder Global Real Estate Securities Income Fund.
Invesco Real Estate has launched the UK Private Rented Sector Fund, and simultaneously announced its first close having already raised £250m.
CBRE forecasts the total investment in UK commercial property to be around £70bn in 2016.
The prospect of rising interest rates and a potential Brexit are likely to impact property sector investor sentiment in 2016, says Alan Sippetts, investment director at Heartwood Investment Management.
Availability of central London commercial property increased by 6% in the third quarter, according to real estate consultancy CBRE.
Henderson Global Investors has expanded its global property equities team with the addition of a dedicated North American property equities team.
Aviva Investors has forecast UK property to return in the order of 8.8% per annum over the next five years.
With a Federal Reserve interest rate rise looming large and the Bank of England believed to be not a long way behind, there is an obvious case to be made that UK commercial property has had its time in the sun for now.
Worries that a hike in interest rate will impact real estate are based on nothing more than myth, according to Fidelity’s Dirk Philippa.
Asian equity funds suffered unprecedented outflows as net retail sales across the board hit their lowest ebb since January, according to the Investment Association’s August statistics.
Alex Ross, manager of Premier Pan European Property Share Fund, discusses the recent trends in the UK property investment market, and compares the Eurozone real estate cycle with that in the UK.
Impending interest rate hikes could see REITs experience a short-term wobble, says Neuberger Berman’s Gillian Tiltman, but will underpin global property’s upward trajectory.