FTSEpx fund records 1.17% return in Q3

MSS Real Estate's TFSEpx fund recorded a net return of 1.17% for the quarter ending September 2007, bringing the year-to-date performance to 5.09%. MSS said this reflected the general slowdown in the UK commercial proprty sector. 'The fund's sub-sector performance reflects the predictions of many commentators in the UK market that prime office assets continue to produce solid returns of 3.71% for the quarter, compared to retail of -0.17% and industrial of 0.78%.'

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