25 Sep 2019

The Association of Real Estate Funds (AREF) has recognised the leading long-term performers and notable contributors to the association, at its Annual Awards Dinner, held on Tuesday 24th September. The awards dinner, held at 8 Northumberland Avenue, was attended by over 450 members of the property fund and real estate industry.   

The awards, now in their ninth year, have five categories. There were two awards based on consistent long-term performance* and a new award, judged by a select panel of investors for Outstanding Achievement.  These were followed by awards for notable contributors to the association’s work over the last year in making the real estate funds industry better for all stakeholders.

The 2019 awards were presented to:

5-year, risk-adjusted, absolute return

  • Winner - L&G’s LPI (limited price inflation) Income Property Fund  
  • Runners-up - M&G Secured Property Income Fund and Axa UK Long Lease Fund

5-year, risk-adjusted, relative return

  • Winner - L&G’s Industrial Property Investment Fund
  • Runners-up - Schroder UK Real Estate Fund and Hermes Property Unit Trust

The Investors Award for Outstanding Achievement

  • Winner - The UBS Triton Property Fund LP
  • Short-listed – Janus Henderson UK Property PAIF, Kames Target Healthcare Property Unit Trust, Mayfair Capital Property Income Trust for Charities, The Charities Property Fund.

Outstanding Individual Contribution

  • Guy Glover of BMO – For all his help on Retail Funds Committee. 

AREF Affiliate of the Year

  • Winner – CMS for Darren Stolzenberg’s work on E&T Committee, Patrick Grove’s work on the FutureGen Fund Life Cycle Series, and Nick Burt’s work on Capital Gains Tax events.

*The 5 Year Risk-Adjusted Absolute Return Award is given to the fund that has delivered investors the largest consistent absolute return over the five years to June 2019, based on quarterly data of the 44 funds within the long-standing MSCI/AREF UK Quarterly Property Fund Index. The 5 Year Risk-Adjusted Relative Return Award is then given to the fund that delivered investors the largest consistent relative return based on that quarterly index.

Author

Clare Whyte

Clare Whyte

Head of Marketing & Events, AREF

Clare is responsible for all aspects of the planning, development and execution of the marketing strategy for AREF. 

Clare leads on event management, liaising with committees and members to schedule, plan and deliver an effective events calendar for the association.  She also has overall responsibility for brand, as well as the design, development and production of marketing across both digital and offline channels, including the website.