Fidelity International expands property investments

Fri, 04 Jul 2008

Fidelity International is offering its customers more chances to benefit from investments in the property market, it has announced.

The firm has just acquired a new commercial property in St Rambert, near Lyon in France and believes the investment will net a yield of 7.6 per cent.

Keith Sutton, director of European Real Estate at Fidelity International, said: "We selected the investment at St Rambert because we believe that the area around Chanas and St Rambert will become a logical and sought after extension of the Lyon logistics market ."

The investment will not only generate solid rental returns, but also good capital gains, he added.

Selecting the correct properties and risk management are key to identifying future investment opportunities, Mr Sutton stated.

Yesterday, Andy Hammerton, spokesperson for Co-operative Financial Services, claimed the ethical investment sector is becoming more popular as people become increasingly aware of such issues.
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

 

 

Investments Newsletter

Investments Newsletter