The imminent visit of a prospective investor from Singapore reveals some significant differences in Bull and Bear’s thinking about the best time to re-enter the market.
Bear is worried that, despite the sharp fall in capital values over the past 12 months, the spread between property yields and gilts is still too thin.
Bull simply sees the current apathy towards the market as an excellent opportunity to capture some top assets.
The West End, Industrials within the M25, Oxford and Cambridge and selective Student Accommodation are his top targets.
Enjoy your Sunday.