New Star property fund smashes £200m barrier

The fund, available to investors since May 14, has already invested £121m in property in the Netherlands, Germany, Japan, Singapore and Australia. Further negotiations are currently taking place which would see the property team purchase another £40m spread across the globe, in regions such as France and Sweden. Roger Dossett, chief executive of property fund management at New Star, said the fund would invest the remaining assets in alternatives to direct commercial property. “The acquisitions we have made and the properties we have identified for purchase represent 80pc of the val...