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Third month of inflows for UK property funds

UK property funds recorded their third consecutive month of investment inflows, with £55m of net investment in the sector during July.

 

It follows £54m of inflows in June and £2m in May.

 

Figures from the Investment Management Association (IMA) show that property funds continued to see growing confidence from retail investors with net inflows of £54m. However, this was down from investment of £72m in June.

 

Institutional investors made their first investment inflows into the sector since November last year, with net investment of £2m in July.

 

The inflows follow net disinvestment of £17m in June and £34m in May.

nathan.cross@rbi.co.uk

 

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