commercial property funds values fall

I would sit on the fence for at least another 6 months and see what transpires..the residential market is softening and the commercial market could do likewise. I notice an Irish Consortium recently bought the Citibank H.Q in Canary Wharf for a staggering amount of money (record amount per sq m.) at a 4% yield - if that is the sort of deals ongoing out there, I would shy away for now.:(
 
http://www.ft.com/cms/s/0/bce7a596-7382-11dc-abf0-0000779fd2ac.html

This article from Saturdays FT shows a slide in commercial property fund values of 2% - 3%, and possible falls in capital values by up to 10%.

Do people think this is a bad time to be investing in syndicates or UK managed funds investing in commercial property? I thought that the outlook for Uk commercial property was good but maybe i'm wrong

The 10% fall is more than likely. Now is the time to be getting out of UK commercial property. Certainly not the time to invest.

Commercial Property has been the rising star of the last 5 years.

Valuers are now revaluing fund portfolios at more realistic prices and funds are now targeting overseas commercial property in order to raise their values.
 
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