High yielding investment funds?

Has the commercial property boom of recent years been fueled by fund managers? This is the question being asked, has the demand for higher yielding investment funds driven property fund investment managers to pay too much for secondary locations and shorter leases? Now that the bubble has burst and the heard have turned, are there opportunities for investors to make the higher returns that inflated this asset bubble?
Questions like these are causing investors to question the motives of some I.F.A?s and fund managers who profit from the cash going into a fund more than the performance of the funds they recommend or manage.