investment giants preparing to launch international bricks and mortar funds in 2007
Property investment giants New Star and Norwich Union will go head to head with international bricks and mortar fund launches this year. While Norwich Union has unveiled a European commercial property fund, New Star is to offer an international bricks and mortar portfolio later in the year. New Star has negotiated a modification to UK fund rules to create a retail portfolio investing in international direct property in a tax-efficient way. The International Property fund will launch later this year under the group's property team headed by Roger Dossett. According to Stewart Cazier, New ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
