Global real estate beats expectations

CONFERENCE

at invesment week property focus, managers ascertain the positives and negatives of their market

The popularity of property investment has risen sharply over the past 18 months but managers running portfolios investing in the asset class remain at odds when it comes to the positives and negatives of the market. Speaking at the Investment Week Property Focus seminar, Gerardine Davies, manager of the Norwich Property Trust, said the global real estate market has probably surpassed most investors' expectations in recent years, with property equities performing particularly well over the past five years. Davies explained that Morley's forecast for rental growth in commercial property sec...