Property

Ignis Asset Management is forecasting an 11.5% total return for the UK commercial property next year, above consensus forecasts which are themselves at their highest levels post-crisis.

Non-residents will have to pay capital gains tax (CGT) on residential property sales in the UK from April 2015, reversing the current rule, George Osborne announced today.

Shares in UK housebuilders have tumbled after the Bank of England said it will end the Funding for Lending (FLS) scheme for mortgages a year early.

Potential interest rate rise in 2014 could prompt flight from fixed income into commercial property.

Schroders' head of property investment William Hill is to step down after 25 years, handing his responsibilities to Duncan Owen.

George Shaw, manager of the Ignis UK Property fund, has highlighted five key reasons to invest in property, as the asset class begins to capture investors' attention once again.

Kames Capital has launched a closed-ended version of its Active Value Property fund for Helen Batten.

Embattled property fund house Brandeaux has admitted the net asset value on its suspended £900m Student Accommodation fund is likely to be 4% less than anticipated, while the £92m Ground Rents fund will lose 5% of its NAV.

Fund buyers have cautioned on investing in the UK's buoyant property market, amid fears the sector may be overheating.

Aberdeen Asset Management is launching two bond funds for its Luxembourg range and an institutional property fund investing in European real estate.