AN Active Special Opportunity Property fund has been launched by Eaton Investment Management.
To be run by Eaton's property team, it seeks to take advantage of current buying opportunities in UK commercial property. The fund is Guernsey-based and designed for tax efficiency. It offers exposure to the 'planning gain' sector, which is considered potentially lucrative, but is generally overlooked by mainstream funds. The fund is described as "opportunistic by nature but with defensive qualities for retail investors" and aims to be cash generative over the investment period. In seeking a 20pc annual return, it will target high yielding commercial properties that are set to benefit...
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