Five attractive property funds to buy now

Investors remain wary of real-estate investment trusts (Reits), but many property funds offer solid yields with inflation protection, says Max King

Warehouse interior
Logistics and warehouse properties are in high demand
(Image credit: © Chris Ratcliffe/Bloomberg via Getty Images)

Despite widespread pessimism about the property sector during the earlier stages of the pandemic, there has been nothing but good news in the last year. The average house price has reached £274,000, up nearly 10% year on year, according to the UK House Price Index compiled by the Office for National Statistics, amid “an unprecedented lack of supply”. The number of completed new dwellings remains consistently above 200,000 after ten years of lower output following the financial crisis.

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Max King
Investment Writer

Max has an Economics degree from the University of Cambridge and is a chartered accountant. He worked at Investec Asset Management for 12 years, managing multi-asset funds investing in internally and externally managed funds, including investment trusts. This included a fund of investment trusts which grew to £120m+. Max has managed ten investment trusts (winning many awards) and sat on the boards of three trusts – two directorships are still active.

After 39 years in financial services, including 30 as a professional fund manager, Max took semi-retirement in 2017. Max has been a MoneyWeek columnist since 2016 writing about investment funds and more generally on markets online, plus occasional opinion pieces. He also writes for the Investment Trust Handbook each year and has contributed to The Daily Telegraph and other publications. See here for details of current investments held by Max.