TITLE

Let land returns drop, but doing well longer term

AUTHOR(S)
Shirley, Andrew
PUB. DATE
July 2006
SOURCE
Farmers Weekly;7/14/2006, Vol. 145 Issue 2, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decline in rate of return from tenanted farmlands in Great Britain in 2005 according to property analyst IPD. Total return from let land was 9.4 percent compared with 18.5 percent in 2004. The decline was due to a slowdown in the increase in the residential value of estates. Consultant Desmond Hampton advises owners to sell any tenanted land unless it has potential for development.
ACCESSION #
21804544

 

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