UK - Pooled property funds soared by 1.5% in the first three months of this year, figures based on Investment Property Databank indices show.
The results – jointly published by HSBC and The Association of Property Unit Trusts – show that pooled property funds increased by 8.8% in the year to the end of March.
This compares to a 7.2% drop in the FTSE All-Share Index in the first three months of this year, and a 29.8% fall in the year to the end of March.
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