The Investment Management Association (IMA) have reported an increased investment in property funds, now at the highest level since 2009. This May saw a net of £491 million flow into the sector.
Jason Hollands, from Bestinvest, commented: "In our view this is an outcome of the desperate search for income."
He goes on the questions whether the forecasted returns of 12-14 per cent in the sector will survive beyond 2014 with potential interest rate rises and policy tightening bringing downward pressure.
He goes on the questions whether the forecasted returns of 12-14 per cent in the sector will survive beyond 2014 with potential interest rate rises and policy tightening bringing downward pressure.
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