23.05.2011 - UK: The Charities Property Fund surpasses GBP400 mln in assets under management
The Charities Property Fund acquired four properties in the first quarter of 2011 and surpassed the £400 million milestone, having a Net Asset Value of £418 million (approx. €478 million). It is the first and largest property fund designed specifically for charities. The Fund returned 2.0% in the first quarter of 2011 and 8.8% over the 12 months to 31st March..............................................Full Article: Source
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