UK commercial property: positioned for income
Ainslie McLennan, Co-Manager of the Henderson UK Property PAIF, discusses how the UK commercial property market performed in the first quarter of 2017, alongside explaining portfolio positioning and her outlook for the asset class.
• Market and fund performance during the first quarter of 2017
• Reasons behind the fund’s reduced weighting to London offices (sales totalled approximately £370m since last summer)
• The zero weighting to regional offices outside of the South East of England
• Favoured sectors such as distribution and retail warehousing
Article 50 (of the Lisbon Treaty) – makes provision for a member country to leave the European Union (EU). Britain’s negotiations to leave the EU can only begin when the UK formally triggers Article 50. This was triggered by Britain on 29 March 2017.
Regional office properties – in the context of this update, UK office assets outside of London and the South East of England.
Source: Morningstar, bid to bid, net of fees, mid-day pricing, net income reinvested.
Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.
The information in this article does not qualify as an investment recommendation.