Not so Hot Property ; Commercial Sector Hit by Biggest Fall Since 1990

Summary

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INVESTORS are deserting property funds amid poor returns and forecasts of a looming market slump.

Private investors pulled Pounds 159 million out of property in October alone the biggest one-month total on record as widespread gloom gripped the sector. The exodus follows an inflow of Pounds 62 million in September.

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Extract

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Not so Hot Property ; Commercial Sector Hit by Biggest Fall Since 1990

It's not just private investors who have become wary of property. Two of the top funds available to institutional investors professionals who invest pension fund money...

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