FT Adviser: Fprop CEO Ben Habib recommends looking outside London to the secondary property markets
IP Real Estate: CEE’s largest economy offers institutional opportunities
NAPF: Ben Habib – Property investment should be all about Income Generation
Ben Habib, CEO, writes for the National Association of Pension Funds (NAPF) Investment Conference 2011…The reason often cited for bad property investment experiences is “too much leverage”. Actually the primary reason is overpaying for an asset in the first place and then, secondarily, employing debt finance against this inflated price or a revaluation. The net effect is to render the debt unserviceable by the low income yields being generated by the property.