Isa wrap on property fund

Commercial property fund offers retail investors access to deutsche institutional portfolio

Property company Strutt & Parker is launching an Isable commercial property fund offering retail investors access to an institutional portfolio run by Deutsche. The minimum investment in the £612m Dublin-domiciled Deutsche UK Managed Property portfolio is typically £1m, but investors can gain entry with £3,000 via the Strutt & Parker feeder fund Isa wrap. For direct and pension investors, the minimum increases to £15,000. As well as Isas, the product will also be open to Sipp and Ssas investors. The fund is designed to last for nine years, although there will be an option to extend it at ...