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: Fund News : Real Estate Funds lead 2004

Real Estate Funds lead 2004
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Submitted By: host | Added On: 10/23/2007 | Total Views (616) | Total Downloads: (3)

Real Estate Funds made the most of 2004 beating all other sectors with a 32.03% gain for the year reports Investors Business Daily in its Mutual Fund Quarterly Special Report.  The sector’s big Q4 reflected investor confidence that interest rates were not rising fast enough to stifle economic growth and further sentiment that “fundamentals were on the mend” says Richard Imperiale, manager of $48 million Forward Uniplan Real Estate Investment Fund.  The hospitality end of the sector did well with growing revenue in many key geographic markets and mergers within the retail sector will also lead to a surplus of real estate in prime locations.  With much of this continuing opportunity on our doorstep, clients need look no further than the ADASTRA Realty Fund which is active across both these sub-sectors of the real estate market along with many more.  For further information, please contact your local ADASTRA Broker or our US Office.

 

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