Invesco is certain IPIT success is sustainable

The recently launched Invesco UK Property Income Trust (IPIT) is trading at a premium to net asset value and has raised £150m in its first three months. The fund, which invests in commercial property, is biased towards South England locations, including Theale, where the latest and most expensive acquisition was made. The investment team has more than nine years' experience and has created a portfolio catering to high net worth individuals as well as institutions. Over the past three months the fund has attracted several private clients. The IPIT has been incorporated as a limited liabil...