UK real estate outlook Q4 2023
What does UK real estate have in store during the fourth quarter of 2023? Read about our views.
While the outlook for UK real estate remains fragile, an improving economic picture as we move into 2024 is likely to help spur an improvement in UK real estate performance. While some headwinds remain, such as weak national and global economic activity, falling inflation and an end to BoE's monetary hiking cycle is likely to help revive investor sentiment towards the sector. To find out more, read the full unaudited net asset value announcement for Q3 below.
The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and ‘other’ sectors, where ‘other’ includes leisure, data centres, student housing, hotels (and apart-hotels) and healthcare. Investment in property development and investment in co-investment vehicles, where there is more than one investor, is permitted up to a maximum of 10% of the property portfolio.
Risk warning
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.
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