Aberdeen IT split launch

Professional Adviser
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By Adam Lewis Aberdeen has launched yet another split cap investment trust, this time a £804m por...

By Adam Lewis Aberdeen has launched yet another split cap investment trust, this time a £804m portfolio buying into the UK and Irish property markets. The Real Estate Opportunities trust will consist of £111m in an existing property portfolio run by Jermyn Investment Properties and invested in the UK. It will also have £283m in Castle Market Holdings, which is invested in the Irish market. In addition Aberdeen is seeking to raise a further £84m from institutions to put into property investments and aims to put up to £326m from the placing and bank debt in a portfolio of high yield bonds a...

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