Saturday, August 25, 2007

Brixton says property specialists will beat slowdown

LONDON (Reuters) - The UK's only pure industrial property real estate investment trust, Brixton, said it was confident its specialist status could shield its prospects as the property sector braces for a market correction. "A less certain direct market is good for specialist companies who concentrate more on prime locations and quality product," Brixton chief executive Tim Wheeler said in a conference call on Tuesday.

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