Optimists betting on a recovery of the UK commercial real estate sector next year will likely be disappointed, according to the findings of a quarterly report by the Investment Property Forum (IPF). Key industry analysts, the IPF found, are less hopeful than they were three months ago that UK property returns will bounce back in 2009. The consensus is now that a recovery will only materialise in 2010.
Finnish real estate manager Sirius Capital Partners, through a recently formed affiliate, has purchased a portfolio of four residential buildings in Helsinki, Finland.
