Private wealth 'gives better returns with innovative investments'

Private wealth offers better returns if it is invested in innovative vehicles, according to one property expert.

Timothy Lambert, head of consulting at real estate advisers Ducalian, notes private wealth invested in traditional structures - like houses - will not provide rapid returns.

He suggests more unusual premises, such as student halls or hotels, will please those "looking for a shorter return and long-term income".

Investors with private wealth may be interested to discover property has been the best performing asset class apart from gold since the 1950s, indicating wealth management through this medium may continue to be profitable despite recent fluctuations.

Research from MORE TH>N released last week revealed "reluctant landlords" might be created if the UK were to enter into a double-dip recession, meaning individuals would be forced to downsize and rent out their homes in order to remain financially viable.

For those with private wealth, deliberately becoming a landlord may offer good returns, as many would-be first-time buyers are choosing to rent rather than purchase property. ADNFCR-2318-ID-800071785-ADNFCR