James Sullivan, managing director of MitonOptimal, has said UK real estate is one of the most attractive areas of the market, particularly REITs where he said "share prices have overshot on the downside".
In a portfolio update, Sullivan said the 40% discounts currently on offer from real estate investment trusts (REITs) reflect an "Armageddon" scenario, which is not justified. "We do not see that," he...
Unnamed company valuation reduced
Not 'acting proactively on behalf of shareholders'
Fixed income funds dominate inflows
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Trust ejected nearly a year after re-entry