000 01085cab a22001935a 4500
001 L155903
008 120420e2012 xxk 000 0 eng d
035 _a(Sirsi) u155903
041 0 _aeng
100 1 _aLjubic, Philip
245 0 0 _aStable pricing suggests weak year for returns
260 _c2012
490 0 _aProperty Week
_v78(16) 20 April 2012, 38(1)
520 _aRoyal Bank of Scotland estimates that around £400m for UK commercial property derivatives contracts was traded in Q1 2012, £60m more than Q4 2011. The turnover in the direct physical property market was £5.8bn over the same period. Discusses the strategy of using derivatives to buy commercial property exposure to reduce "cash drag"within funds. Suggests investing in swaps or property futures as a way for a property fund manager to be fully invested in real estate at all times with the benefit of a cash buffer if any redemptions occur. Graphs depict property derivative pricing by calendar year.
590 _aKA
651 4 _aUnited Kingdom
690 _aCommercial property
_96227
942 _n0
999 _c83928
_d83928