Property fund to take advantage of forced sales

The British Property Opportunities Fund will invest in both commercial and residential property, including distressed portfolios, high yield rental units, developments, leasebacks and reversionary gains schemes, with a 10% annual return target. MPL says a softened market makes 2008 a great time to invest in property, with deep discounts appearing as property funds are forced to dispose of property to meet growing redemption requests. “We are seeing discounts to market value of around 20% being offered on both private and commercial property at the moment, and in a leveraged fund such as t...