Property is the Investment of Choice

Uncertainty in a number of commodities markets has pushed property once again to the forefront of investors' minds...

Uncertainty in a number of commodities markets has pushed property once again to the forefront of investors' minds, with the Worldwide Property Group's April confidence tracker survey indicating that the asset class remains the investment of choice.

Results from the study have revealed that some 80 per cent of respondents view bricks and mortar as the safest place to put their money. This is also the highest figure recorded by the organisation since August 2010 and is in line with the results of many indices which indicate a return to strength for many markets.

Kevin Wilkes, managing director of the Worldwide Property Group, said: "It just reinforces that property is still widely regarded as a safe and secure investment, an investment that has demonstrated great resilience in the face of very difficult economic conditions."

In second place with 14 per cent of the vote was gold, while shares and currency each received three per cent of the vote whilst savings unsurprisingly received nothing as interest rates remain historically low in the UK.

Meanwhile, speaking in a recent interview with Investment International, Alan Supple, portfolio manager at Urdang, BNY Mellon, offered the global real estate market an upbeat forecast, with both developed and emerging markets said to be offering investors the potential to collect healthy returns.

- Thursday 26 May 2011

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