KCL managers mull new challenges for 2013
KCL is considering options for its syndicated properties under management in the face of new challenges.
These include new prospectus requirements and firmer commercial property prices.
Managing director Bryce Barnett believes prices and yields have reached a new plateau after quickening market activity over the past six months.
“The question I ask is, 'will this firming of yields be maintainable, considering the low interest rates are now at a level that are predicted to be more sustainable medium term?'