Ms Agate Freimane, Senior Investment Director BrickVest, said:
“We welcome Mr. Hammond’s infrastructure drive to build and improve the UK’s roads, railways and broadband. Investors and businesses alike will benefit from the funding, which will trickle down to surrounding sectors such as property. Indeed, plans to fast-track scheduled projects like Crossrail 2 will in turn boost momentum in the UK’s property market as historically, areas that receive infrastructure investment typically benefit from a boost in both rental yield and capital growth. In London, for example, we’ve seen large infrastructure projects like the Night Tube having a positive impact on property prices in the last couple of years.
“BrickVest provides investors an opportunity to invest in institutional quality real estate with low minimum amounts, previously only accessible to large institutions such as pension funds, insurance companies and large family offices. BrickVest offers a range of investment opportunities allowing investors to select an opportunity based on their preferred asset class, geography and return profile. It has unlocked the ability to combine unparalleled ease of access and transparency while providing an institutional-level investment platform with increased liquidity, supported by reputable fund service providers.”