Funds Sourcebook. And London Stock Exchange, with a critical mass … London, EC3A 7LL, © Copyright 2021 AREF all rights reserved, Registered in England and Wales No: 04601584, News Articles during Coronavirus Outbreak, Alliance of International Funds Association (AIFA), HMT consultations on the tax treatment of asset holding companies in alternative fund structures, Updated UK Non-Resident Capital Gains Tax Regulations, IOSCO Survey on Liquidity Risk Management Recommendations and Responses to COVID-19, Stewardship Code Introductory Event - for the Real Estate Industry - 24th February, Post-event materials - Webinar - An Introduction to The Stewardship Code - 24th February 2021, Presentation of the MSCI/AREF Quarterly UK Property Fund Index, Investor event: Long Income and LGPS pooling, Member Round-table to discuss 'The RICS Independent Review of Real Estate Investment Valuations'. ... Real Estate Investment Trust : Property Rental Income : Contents ... To help us improve GOV.UK… We offer clients a range of real estate equity, long income and debt capabilities which may be accessed as funds or bespoke solutions including segregated mandates, joint ventures, and co-investment opportunities. In the inaugural PERE 100 ranking, the top 10 managers accounted for $182 billion – or a jaw-dropping 42 percent – of the total $442.3 billion raised over the previous five years. See also: Property funds could lose Isa eligibility as FCA mulls 180-day notice period. Camomile Court, 23 Camomile Street  Three UK real estate funds halt selling; what happens next? Alex oversees the residential investment capability and manages the M&G UK Residential Property Fund. We have more than fifty Affiliate members, a number of Associate members and hundreds of Investor members. Global partner for real estate solutions. Property Funds World is the leading site for comments,analysis and news for the institutional investor interested in property funds. After the Brexit transition period expires on 31 December 2020 (which is assumed from UK government statements), UK fund managers – including those operating unlisted real estate funds for professional investors in the European Economic Area (EEA) – will need to implement strategies to continue managing their EEA funds and marketing their UK and EEA funds to EEA professional investors. VT Redlands, meanwhile, is a fund of funds that invests in a number of open-ended property funds and real estate investment trusts rather than directly in buildings and offices. Our membership includes over sixty-five funds spanning the leading real estate fund management houses in the industry, through to smaller, specialist boutiques, with a collective net asset value of over £72bn. The two main UK real estate indices, IPD and FTSE EPRA UK, have risen 106.1% and 76.6% over 10 years. Private real estate’s biggest managers keep on getting bigger. List of REITs - The past decade has seen the rapid growth of the Real Estate Investment Trust (REIT) sector. This Prospectus is dated and is valid as at 12 February 2021. The Association Of Real Estate Funds  Frogmore is a leading UK real estate fund manager with extensive investment knowledge of managing private equity real estate funds Our global portfolio includes office, retail, multifamily, logistics, hospitality, self-storage, triple net lease, manufactured housing and student housing assets on five continents. Clifford Chance LLP is a powerhouse in the real estate funds space, and the group is a key part of the wider private funds practice. AREF aims to establish industry standards, promoting best practice in corporate governance and transparency. 1 Standard Life Investments UK Real Estate Funds ICVC was previously known as “Standard Life Investments Ignis Real Estate Funds ICVC”. noun View the latest ASI UK Real Estate Share (Class I) Accumulation Fund price and comprehensive overview including objectives, charges and savings. purpose M&G … What DFMs expect from UK property fund managers The AREF Investor Committee comprises various investors and advisors. Real estate investment structures take many forms, from property companies and contractual joint ventures to more complex arrangements, such as limited partnerships and a range of funds. Copies of this Prospectus have been sent to the FCA and the depositary. Although there are concerns about what effects the UK’s departure from the European Union will have on UK commercial property, a good actively managed fund should be able to allocate away from areas that could be negatively affected. It does not have – but needs – a closed-ended or hybrid solution for pension funds and other institutional investors to hold UK real estate investments – a fund that … AREF brings together stakeholders from across the real estate investment spectrum to discuss and debate topical issues, to learn and to network, AREF's member funds choose to have their performance measured using the leading NAV-level MSCI/AREF UK Quarterly Property Fund Index, View our dedicated Coronavirus Centre, to learn what AREF have been doing throughout the Cornonavirus outbreak, including our new Information Hub and Online Discussion Forum. At Aberdeen Standard Investments, we offer expertise across all principal real estate sectors – enabling our clients to target opportunities in their home market and globally. Real estate is a reliable long-term asset when handled properly, although direct real estate management requires a lot of time and a large initial investment. As one of the world's largest investors in real estate, we own and operate iconic properties in the world's most dynamic markets. This fund has been awarded the 2020 AREF Quality Mark. Prior to joining M&G Real Estate in 2013, he spent seven years as a fund manager at Grainger with responsibility for the Schroders ResPut fund and the Grainger Geninvest joint … To view the most recent confirmation of the fund’s compliance with the Code of Practice click the link below: The Association Of Real Estate Funds  Guidance on the tax rules affecting investment funds and fund managers. London, EC3A 7LL, © Copyright 2021 AREF all rights reserved. At the latest count the global index included over 480 publicly listed real estate companies from 38 countries. GreenOak UK Secured Lending LP 2013 £224.0 GreenOak UK Secured Lending II LP 2016 £625.0 GreenOak Europe Secured Lending SLP 2016 €600.5 TEAM LEADERSHIP Jim Blakemore Partner Lending Platform Debt Case Studies These structures can be used to pool resources for joint acquisitions, spread … The UK has an unfortunate gap in its fund offering, compared with many other jurisdictions. Camomile Court, 23 Camomile Street  The property researchers' bible - view the most up to date version here. Commercial property has been a useful asset for diversifying away from equities and as a source of income. The investment objective is to aim to outperform the 12 month total return of the ACS's benchmark, the All Balanced component of the MSCI/AREF UK Quarterly Property Fund Index. Shuaa Capital invests in music streaming platform. UK real estate specialist with a successful track record of investing across core, core plus, value-add, opportunistic and debt strategies; Excellent Track record. drew.watkins@rlam.co.uk, Data as at: 30 September 2020, Source: Royal London Asset Management. New to UK Real Estate Investment Trusts (REITs)? It provides investors with diversified exposure to over £2.4 billion of UK commercial real estate and is managed by our highly experienced team (as at 31 December 2019). Real estate has a robust track record of enhancing portfolio diversification and delivering strong risk-adjusted returns for investors. Our membership includes over sixty-five funds spanning the leading real estate fund management houses in the industry, through to smaller, specialist boutiques, with a collective net asset value of over £72bn. The Standard Life Investments UK Real Estate fund and Aberdeen UK Property fund have cash weightings of 22.3% and 25%, according to their September factsheets, and are due to reopen on 16 November. It is an ongoing trend that is evident in a quick review of the 2019 and 2020 PERE 100 rankings. We have more than fifty Affiliate members, a number of Associate members and hundreds of Investor members. A number of UK property funds have temporarily suspended dealing or ‘gated’, meaning investors in them have been unable to access their money. A series of UK property funds have announced the … Drew Watkins Much of AREF's activity is driven by the valuable work of our various committees.