Light on the horizon for quality British property

Indeed, it is difficult to recall a time when there was such consensus among investors around the need for a correction. It is the relative asset pricing and cost of debt that is driving the fall in property capital values. M&G maintains redemption delays on £4.6bn Secured Property fund The capital market started faltering in late spring in anticipation of a higher interest rate environment to curb surging inflation, resulting in relatively gentle falls in property values towards the end of July and August of about -3%. But it was the Truss government's cavalier Mini Budget that...