New Star adds property trio to fund

The assets are located in Melbourne, Perth and Singapore and together, are worth around £100m. The fund is currently 85.2pc invested in the Asia Pacific region and 14.7pc in continental Europe and since launch in June 2007 has returned 4.1pc, compared to the 6.13pc decline seen in the IMA specialist sector. Simon Webster, manager of the fund, said: "The combination of these acquisitions plus the acquisitions elsewhere in Asia and continental Europe provide investors with exposure to a quality, diversified portfolio in what is considered by many to be a potentially more stable asset clas...