The Fund provides facilities exclusively for local authorities to invest in commercial and industrial property on a collective basis, to obtain a spread of investment risk with constant expert property management. Its objective is to provide a satisfactory total capital and income return over the long term. The Fund’s benchmark is the Other Balanced Fund component of the AREF/IPD UK Quarterly Property Fund Index

Website: https://www.ccla.co.uk/investment-solutions/fund/the-local-authorities-property-fund


Fund Manager

Fund details

Type of fund
Unauthorised property unit trust
Residence
UK
Launch date
01 April 1972
Open/closed-ended
Open-ended
Earliest date of winding up
Not applicable
Total number of Unitholders
239