Commercial property specialist Seven Dials has opened its European Property fund to retail investors by lowering its minimum investment limit to €10,000 (£7,965).
The fund, which is managed by Brett Robinson and Mickola Wilson, currently has exposure to underlying assets with a total value of €1.5bn. It holds 206 individual investments in commercial and industrial buildings in the Nordic region and Germany. According to Seven Dials, the 'B' shares of the fund have returned 0.8pc since the vehicle was launched in March 2007, making it one of the few property funds to put on value in a period of overall market turmoil. The AREF Pooled Property Funds index has had negative returns of 13.4pc in the same period, and securities have faired even worse, w...
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