The recent collapse of high profile agricultural managed investment schemes (MIS) has not adversely impacted the direct property market, according to the Australian Direct Property Investment Association (ADPIA).
"In the past when some MIS failed, the entire MIS market was seen to be at risk," ADPIA president Linden Toll said.
"We think that the global financial crisis means that the investors have taken a stronger interest in how different schemes work and the risk associated with each. This is an important step in developing better financial literacy."
Toll said that contrary to expectations, investors continue to actively seek out new investment opportunities in direct property.
"We have seen a spike in interest for new offers put to the market by ADPIA members. As well as showing investor interest, this also indicates that the originators themselves are seeing value in launching new vehicles," Toll said.
The Cromwell Riverside Park Trust and the Australian Unity Healthcare Property Trust - Retail Units had received high interest, according to Toll.
Toll said the current market conditions mean there are now high quality investments available to retail investors at compelling values.
"Previously, a lack of supply meant that commercial property investments were very expensive or simply only available to wholesale investors," Toll said.
"We are now seeing evidence that investors are recognising the opportunity and are actively seeking access to commercial property investments."
