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Insurers and funds boost investments

Series: Estates Gazette ; (0026) 1 July 2000, 55(1)Publication details: 2000Subject(s): Summary: Office of National Statistics data showed insurance companies and pension funds increased their exposure to commercial property by almost £1.3bn in the first quarter of this year. DTZ said the figures demonstrate the desire for companies to complete transactions in advance of the increase in stamp duty in the March budget.

Office of National Statistics data showed insurance companies and pension funds increased their exposure to commercial property by almost £1.3bn in the first quarter of this year. DTZ said the figures demonstrate the desire for companies to complete transactions in advance of the increase in stamp duty in the March budget.