Henderson Global Investors are trying to focus on developed markets. The minimum amount for the funds will at least be 500 million Euros.
With the recent fall down in property prices, investors are not ready to take any kind of risks. Henderson Global Investors are thinking to open two property funds. They are mostly targeting prime offices and malls in London and Paris.
According to Alice Breheny, head of property research at Henderson Global Investors said that they recommend buying offices in central London. The group is keen on the French retail sector. This is because the French retail sector has strong fundamentals in terms of demand and supply.
She expects that at the end of the year, the United Kingdom will see an improvement in the commercial property values. With the improvement in the United Kingdom, the other key property markets such as Germany and France in Europe will also improve.
With the fall down in the US home loan market, the whole world has witnessed economic crisis. Many property investors are avoiding the risk of investing in risky and unfamiliar property markets.
It has been a long time since the UK investment market has witnessed a fall. This is the sharpest of all. The market is expected to recover soon.
Source: Propertydevelopment news