The majority of AREF’s member funds choose to have their performance measured using the leading NAV-level MSCI/AREF UK Quarterly Property Fund Index and are included in the Property Fund Vision. Both the Index and the Property Fund Vision enables investors and their advisers to compare fund performance and other relevant data, to appropriate alternative funds, either individually or at an aggregated level.

Related to the COVID-19 pandemic, certain valuers have included a material uncertainty disclosure to their valuations. This data is used in MSCI Private Real Estate Indexes as of March 2020. Click here for more information.

A quarterly summary of the Index can be found below.  For the full version of the Index, please go to the MSCI website, here.

Property Fund Vision Handbook

The Property Fund Vision is the property fund researchers' bible. It is available to AREF Members only.

View current and past versions

Displaying 52 results
Fund name 3 Months % 1 Year % 3 Years % pa 5 Years % pa NAV £m Type of Fund
LF Canlife UK Property Authorised Contractual Scheme -1.3 -2.1 0.0 0.0 344.3m balanced_vehicles
KFIM Long Income Property Unit Trust -0.6 3.2 6.2 0.0 788.3m long_income_property_vehicles
AXA UK Long Lease Property Fund -0.0 4.8 7.5 6.9 425.9m long_income_property_vehicles
Patrizia Hanover Property Unit Trust 0.4 2.3 7.0 7.1 512.2m balanced_vehicles
Aberdeen Standard UK Shopping Centre Trust -9.3 -21.9 -10.0 -4.5 1029.3m specialist_vehicles
M&G Secured Property Income Fund 0.1 4.3 6.9 6.8 4530.9m long_income_property_vehicles
Kames Target Healthcare Property Unit Trust -0.4 9.8 12.0 12.2 95.8m specialist_vehicles
Aviva Investors Pensions Property Fund -1.3 -0.5 5.0 4.8 491.6m balanced_vehicles
Fidelity UK Real Estate Fund -0.8 0.9 6.5 6.4 573.0m balanced_vehicles
Hermes Property Unit Trust -0.1 1.8 6.7 7.9 1427.4m balanced_vehicles
Nuveen Real Estate UK Property Fund -2.1 -0.6 6.4 8.0 165.3m balanced_vehicles
Tritax Property Income Fund -0.3 1.9 5.9 0.0 190.6m balanced_vehicles
AEW UK Real Return Fund -0.1 4.4 7.6 0.0 146.6m long_income_property_vehicles
Keills Property Trust -4.5 0.0 2.5 3.9 33.2m balanced_vehicles
Lothbury Property Trust -2.3 -0.4 4.3 5.5 1636.4m balanced_vehicles
Aberdeen Standard UK Retail Park Trust -3.7 -15.7 -7.3 -7.0 142.5m specialist_vehicles
M&G UK Property Fund -2.3 -4.1 3.2 4.4 482.1m balanced_vehicles
Mayfair Capital PUT -1.0 0.0 5.7 6.8 362.0m balanced_vehicles
Charities Property Fund 0.3 1.5 6.1 7.2 1243.6m balanced_vehicles
BlackRock UK Long Lease Property Fund -0.6 3.3 6.4 6.6 1023.2m long_income_property_vehicles
Kames Capital UK Active Value Property Unit Trust II -0.8 1.5 5.7 0.0 150.1m balanced_vehicles
COIF Charities Property Fund 0.4 2.8 6.3 6.7 639.3m balanced_vehicles
LPI Income Property Fund 1.8 6.1 7.4 7.0 1713.9m long_income_property_vehicles
Hercules Unit Trust -21.2 -45.2 -20.1 -11.5 402.0m specialist_vehicles
Threadneedle Pensions Property Fund -1.3 -0.3 4.5 5.7 2024.9m balanced_vehicles
Nuveen Real Estate UK Retail Warehouse Fund -20.7 -37.9 -17.2 -10.3 317.6m specialist_vehicles
Grosvenor Liverpool Fund -18.8 -29.0 -12.8 -2.0 343.6m specialist_vehicles
Standard Life Investments Pooled Pension Property Fund -1.3 -1.5 2.3 3.5 2469.4m balanced_vehicles
UNITE UK Student Accommodation Fund -1.9 3.7 7.2 9.7 1687.1m specialist_vehicles
Schroder UK Real Estate Fund -2.2 -0.6 5.1 6.6 2281.9m balanced_vehicles
AEW UK Core Property Fund -3.4 0.0 7.6 8.5 290.1m balanced_vehicles
Nuveen Real Estate Central London Office Fund 1.1 6.6 7.0 5.8 342.3m specialist_vehicles
Leisure Fund Limited Partnership -7.4 -4.5 4.3 6.7 450.6m specialist_vehicles
Lend Lease Retail Partnership -11.1 -22.4 -12.3 -6.1 510.2m specialist_vehicles
Threadneedle Property Unit Trust -1.4 0.2 4.9 6.0 1505.4m balanced_vehicles
Standard Life Investments Long Lease Property Fund 1.6 5.9 7.6 7.2 2634.6m long_income_property_vehicles
Triton Property Fund LP -0.7 0.8 6.0 6.6 902.3m balanced_vehicles
Nuveen Real Estate UK Shopping Centre Fund -19.5 -32.7 -15.1 -11.2 292.5m specialist_vehicles
Royal London Property Fund -0.5 0.1 3.4 4.5 399.9m balanced_vehicles
Savills IM UK Income & Growth Fund -0.5 1.9 7.5 7.3 122.3m balanced_vehicles
Kames Capital Active Value Property Unit Trust -1.0 1.7 5.4 6.6 195.9m balanced_vehicles
Royal London UK Real Estate Fund -0.9 0.6 0.0 0.0 2914.8m balanced_vehicles
The Local Authorities Property Fund -1.1 0.7 5.4 6.1 1206.0m balanced_vehicles
BlackRock UK Property Fund -2.5 -1.2 4.4 5.3 3202.4m balanced_vehicles
CBRE UK Property PAIF -1.4 -0.3 4.8 5.9 1518.8m balanced_vehicles
Legal & General Managed Property Fund -1.4 0.3 3.8 4.8 3287.1m balanced_vehicles
Airport Industrial Property Unit Trust -1.8 -0.9 8.9 9.3 544.0m specialist_vehicles
West End of London Property Unit Trust -0.6 -0.3 1.5 3.4 733.5m specialist_vehicles
Mayfair Capital Property Income Trust for Charities -0.1 1.5 6.6 7.8 607.0m balanced_vehicles
PGIM Real Estate UK Ground Lease Fund -0.7 1.4 3.7 7.5 673.0m long_income_property_vehicles
Kames Capital UK Active Value Property Unit Trust -2.4 -1.4 5.6 6.3 220.6m balanced_vehicles
Industrial Property Investment Fund 0.8 6.4 16.2 15.1 2001.6m specialist_vehicles