Fund managers bearish as sentiment turns negative

Whitmore, James

Fund managers bearish as sentiment turns negative - 2010 - Property Week 76 (39) 1 October 2010, 23-24(2) .

Lloyds Banking Group's fifth quarterly Commercial Property Confidence Monitor shows confidence in the UK commercial property market plummeting with a third of UK property professionals surveyed believing that the market will slowdown in the next three to six months. The net confidence position is -14% down from +22% in July and +33% three months earlier. The greatest drop in confidence was among fund managers.


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