New property fund targets student houses
Luxembourg Fund Partners has launched a new fund targeting investments in student houses in prime markets such as Edinburgh and Cambridge.
Luxembourg Fund Partners has launched a new fund targeting investments in student houses in prime markets such as Edinburgh and Cambridge.
UK property fund investors have lost an average 11.4% over the past five years, according to a study conducted by Castle Trust.
M&G Investments has taken advantage of the property authorised investment fund (PAIF) structure first introduced in 2008 to make the £2bn M&G Property Portfolio more tax efficient for investors.
Rather than 2013 being a continuation of a risk on/risk off approach, Keith Skeoch suggests this year investors will start to be more precise about where risk will be rewarded, with a greater empahsis on property and equities.
The problems of gearing in listed and closed-ended property funds are well known, but new funds and structures can offer robust alternatives to the more traditional property funds.
Andrew Nicholas has resigned from First State in Australia and is to be replaced by the returning Stephen Hayes.
Tony Smedley has been recruited by Schroders to run its pan-European property team.
BGB Weston has launched its Brazilian Social Property Fund to take advantage of a housing project backed by the Brazilian government to the tune of 65bn.
The problem with alternatives is that they have not always lived up to their name in offering real diversification away from mainstream asset classes.
The FSA has given approval to Hearthstone to launch the first regulated residential property fund in the UK.
Chris Down argues asset allocators should choose now to stop missing out on what has so far been forty years of a positive return profile from residential property.
Commercial property specialist First Property plans to launch Fprop Sterling Income Fund, a mirror to its fully invested UK PPP fund.