Commercial Property: time to take profits


Saunderson House200Exactly two years have passed since Saunderson House recommended an increase in allocations to commercial property. Much has changed since, and we believe now is a good time to book some profits.

Our note recommending the property increase was issued in April 2014. Entitled ‘Inflation – the dog that didn’t bark’, it focused on the improving UK growth outlook together with the surprisingly low level of inflation despite five years of record low interest rates and £375bn of quantitative easing from the Bank of England.

The note also highlighted the stealth equity bull market that had occurred since the depth of the credit crunch five years before.

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