Opal opens property fund to new developers

Professional Adviser
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industry news tilney shores up its relationship with allsop and fpd savills in order to enhance Opal Strategic Residential Property Fund

Opal, the alternative investment division of the Tilney Group, has moved to a multi-developer strategy for its property fund, and also strengthened its relationship with FPD Savills and Allsop. From its initial advisory role, FPD Savills has been appointed primary acquisitions agent for the Opal Strategic Residential Property Fund, while Allsop has been appointed property adviser. FPD Savills will also be responsible for sourcing and negotiating investment opportunities for the fund. Frances Clayton, investment director of the fund at Tilney Investment Management, said: 'The fund was ...

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