It will split the 24 participating Funds into three categories Ð balanced PUTs, specialist vehicles, and Managed Property Funds (see notes) and their performance will be measured by offer to offer price returns These are compiled from quarterly unit price and distributed records.

HSBC will make a secondary market in matching units The index also breaks down the direct property allocations of the pooled funds as: retail 45%, offices 30.7%, industrials 22.3%, and other properties 2%.

It will provide investors with the opportunity for the first time to compare performances of individual funds and the sector as a whole on a weighted basis and, for future editions, within 2 weeks of a quarter day There is no doubt that the index will boost the credibility of property as an asset class and highlight the benefits of investing through pooled vehicles. In the property business expanding colossal profit is the genuine arrangement and Business Property Valuation can help a great course of action in this.

Following the purchase of 161 Brompton Road, Clerical Medical Investment Group, advised by Blair Kirkman, has let the property to i Blues, a subsidiary of Max Mara, to complement their first fashion store that opened in Kings Road last year Gap acquired its store after refurbishment of the former Mothercare and Cascade stores by Clerical Medical, again advised by Blair Kirkman Healey and Baker acted jointly with Blair Kirkman on the letting to i Blues. Stephen Kane & Co represented i Blues.