Its yet another unauthenticated, unproven wishlist "Itsallgoing*, but
picked out very quickly from a 30s random browse:
"12 points on commercial property"
- Property certainty
Commercial property, as an asset class, cannot be physically moved"
No way? I wonder how long it took to come up with this scintillating news! At any rate, property certainty is one thing that is a real worry with independence, due to the Scottish State's record on fiddling and controlling property. Commercial property is doing well, possibly only because its so far been completely ignored by the State and they haven't yet thought about targeting it.
"11. Two established legal frameworks
Scotland already has an established and independent legal framework international investors have confidence in. Occupiers and their businesses will have access to the EU’s Single Market and can continue to develop at home, within the EU and beyond. Risk at the macro-economic level is unlikely to be seen as adversely changed; if anything the opposite is true."
Well, apart from the usual implicit EU assumption, it would be nice to know which two "legal frameworks" they mean. Would that be Scots law and EU law?
"12. Yield pricing is stable
From all of the above, yield pricing – the ability to develop pricing strategies on commercial property – is secure. (And is a lengthy paper all of its own.)"
Actually, no, its not. Commercial property yields have taken a significant dip in Scotland as in the rest of Europe, during the recession years. www.ryden.co.uk/65thScottishPropertyReview.pdf
This is something like something written by a schoolchild on the back of a cigarette packet.