The Prideview Group’s annual Property Investors’ Dinner was a huge success with over 100 private investors assembling at The Everest Abercorn restaurant in Stanmore to hear Allsop Auctions, the leading commercial property auctioneers, deliver a fascinating presentation on the basics of commercial property investment and the market today.
Senior Partner & Auctioneer George Walker talked about the importance of location and rent being at sustainable levels.
He analysed several sectors in depth, including the medical sector which was of great interest to the many medical professionals in the room and looked at yields over the last decade, emphasising that the yield for good-quality assets has always traded within 4%-6% and investors looking for quality property can bank on this. He concluded demand had now outstripped supply of investment property.
Nilesh from Prideview continued, explaining that in today’s market with London prices rocketing, investors must look at the regions for investments and he emphasised that finding the right deal is harder than one might think. He talked about a number of convenience stores Prideview are marketing for sale with 15 year leases which are ideal for SIPP investors.
