Property market to remain 'generally favourable'
The global property market fundamentals are anticipated to remain "generally favourable", said Henderson Global Investors Ltd head of property equities Patrick Sumner.
The London-based fund management company manages some US$116bil of funds, of which US$3.5bil are in property securities.
It expects at least 12% to 13% rate of returns for property equity in the next 12 months, with favourable outlook on Britain, France, Japan, Singapore and Australia.
Sumner said contrary to general perspective, the property market was not at "the top of the cycle" since "we're not only talking about house prices."
The London-based fund management company manages some US$116bil of funds, of which US$3.5bil are in property securities.
It expects at least 12% to 13% rate of returns for property equity in the next 12 months, with favourable outlook on Britain, France, Japan, Singapore and Australia.
Sumner said contrary to general perspective, the property market was not at "the top of the cycle" since "we're not only talking about house prices."
posted by Real Estate India at
3:06 AM
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