UK - UK property as an asset class has demonstrated its value with returns in 2004 reaching a 10 year high, said Paul Herrington, managing director of F&C Property Asset Management.
“Whilst we think the 2004 return of 18.3% is an aberration, we do anticipate gains of 10% during 2005, a level which is still attractive but is also more sustainable,” said Herrington. F&C antic...
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