Investors are shunning property funds, but they’re currently as cheap as they’ve been for a very long time. Michael Morris, chief executive of Picton Property Income (LSE:PCTN) real estate investment trust, explains what his company does and compares the current situation to his 25 years in the industry. He also reveals areas of commercial property that will hold up well in a recession and when he thinks sector discounts will return to historical norms.
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