Strong year for property investment
Series: Estates Gazette ; (0427) 3 July 2004, 37(1)Publication details: Subject(s): Summary: Institutions say they are on target for a strong year of property investment, despite figures that showed them selling out of the sector in the first quarter of 2004. Latest National Statistics figures on institutional investment showed pension funds and insurance companies sold £396m more of direct property than they bought in the first three months of this year. Although fund managers believe the statistics hide major investment in indirect vehicles.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4026-15 (Browse shelf(Opens below)) | 1 | Available | 126733-1001 |
Institutions say they are on target for a strong year of property investment, despite figures that showed them selling out of the sector in the first quarter of 2004. Latest National Statistics figures on institutional investment showed pension funds and insurance companies sold £396m more of direct property than they bought in the first three months of this year. Although fund managers believe the statistics hide major investment in indirect vehicles.