Strutt & Parker Real Estate Financial Services (SPREFS) has launched a property fund, the first in ...
Strutt & Parker Real Estate Financial Services (SPREFS) has launched a property fund, the first in a series of property development funds that will be fully eligible for UK inheritance tax (IHT) business property relief.
SPREFS, a division of the specialist property consultancy Strutt & Parker, will provide investors with access to real estate projects undertaken by property development partners who will source and deliver a diversified range of UK property developments across the retail, office, industrial and residential markets.
For a minimum investment of £250,000, the fund will provide high net worth investors with indirect access to the UK commercial property development market through a vehicle which qualifies for IHT Business Property Relief. After a two-year qualifying period, the vehicle will not be subject to IHT upon the death of the investor and will therefore mitigate the total amount of IHT payable on the investor's estate.
'Illusion of control'
Reasons to be cheerful
Total investment reaches £9m
Medium to long-term capital growth