UK - Lionbrook Property Partnership is seeking the consent of its partners to open for new investment.
Any new investment will take place following the fund’s December valuation.
The partnership claims that it has backing from its parent company ING Insurance for further co-investment, based on its “outstanding” performance track record.
In the four years up to June 2002, the fund has outperformed the HSBC/APUT balanced PUT Index, delivering a total return of 10.6% per annum.
Lionbrook said that, going forward, the fund aims to deliver a total return of 10% per annum on a rolling three-year basis.
Lionbrook fund manager Simon Latham said: “With disappointing performance from other asset classes this opportunity to invest in a top performing property portfolio comes at an opportune time.”
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