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Opinion

Niche players

Niche players
November 19, 2015
Niche players

Except that we are not actually comparing the hale and heartiness of students versus the grumpiness of the sick; nor even asking whether it would be better to invest in education or healthcare. This week's proposition is which to choose as the better high-yield investment, property for students' accommodation or property for GPs' surgeries, the front line in the UK's fight against sickness, where about 1.3m people show up every day.

I ask the question because there is too much cash in the Bearbull Income Portfolio following the completion of last month's takeover of Latchways. There is also a concentration of high-yield candidates in the property sector. Hence the table below, which provides basic details and points of comparison between students' accommodation specialist Empiric Student Property (ESP) and healthcare-property provider Primary Health Properties (PHP). Also there - because it exploits another property niche to generate the income to fuel a high-yield share - is Picton Property Income (PCTN), which specialises in digging out commercial properties that would benefit from a bit of TLC.

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