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Hermes
Commercial
The property investment sector has produced
some very credible returns in recent years and has outperformed
all other major asset classes over 10 years. However,
it is clear we are now approaching a new stage in the
cycle, with uncertainty as to the future economic outlook
and an expectation of lower
total returns.
As
part of our brief we seek to offer our Clients the best
returns available across a large, professionally managed
commercial property portfolio. In house we have specialist
managers in investment, portfolio management, leasing
and development who, pooled together, have produced
above average performance across our funds. In particular
we have specialist investment managers in Central London
offices, Regional offices and Industrial/Distribution.
We
recognise the changing business environment where our
customers require flexibility in modern, well-specified
accommodation. We therefore seek to invest in and develop
offices, business parks and industrial estates that
meet these requirements.
Hermes'
clients also invest in indirect property opportunities.
These are primarily UK Limited Partnerships, joint ventures
and corporate entities. Included in this is our investment
in MEPC which has now evolved to being one of the leading
business space providers in the UK.
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