If you would like to be kept informed of the fund
performance on a monthly basis please
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Reasons Why
Are you looking for a secure,
low volatile environment for your investments?
-
A fund with potential to
provide higher returns than bank or building society deposits without the
volatility normally associated with equity type investments?
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That is available in both
Sterling & Euros?
-
With the Euro option hedged
against potential currency fluctuations?
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With targeted returns, net of
all ongoing charges, over a 5 year period of:
Sterling: 8 - 10%
Euros: 7- 9%
-
Where 100% of each investment
will be allocated to purchase shares in the fund?
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That will allow up to 7.5%
p.a. to be taken as income?
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With a low minimum investment
level of just £10,000, US$15,000 or €15,000?
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A fund that offers the
security of a diversified portfolio of property assets?
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Which may include leased
commercial offices, retail units, warehousing /
light industrial and other secure property related assets?
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That will use the expert
professional services of leading property specialists?
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That provides an opportunity
to invest in the property market without the need to purchase, manage and
maintain property directly?
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Which allows an investment in
property without all the associated legal paperwork of buying directly?
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Which can be purchased either
direct or via the Portfolio Bonds of most of the major offshore insurers?
If the above features are of
interest to you then take a closer look at The Premier Diversified Property
Fund plc.
Fund Performance
November 2009
Following on from last months
report where mention was made of the improving trend in property values
reported by IPD, it is pleasing to report a return to positive growth in all
but one of the Funds share prices in over 18 months.
Whilst the amounts involved are modest compared to previous falls it is a
positive sign that may mark a turning point in this current cycle, and we
can also report on two further property disposals this month being:
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A warehouse which had an
unexpired term of less than 10 years and was sold at a price of 5.9m
being 225,000 above the then current valuation.
-
Another warehouse where a
previous sale could not be completed but was subject to a further
acceptable offer 3.92m – 10% above the current valuation level
Like previous sales, these will
help maintain operational liquidity and reduce borrowings, with the aim
being to review the current redemption freeze when the latter has reduced to
acceptable levels. Further announcements will made in due course.
Until then it is to be hoped that the improving trends in the UK commercial
property market can be maintained with the principal threat to recovery
being the continued UK recession and its potential knock on effect to tenant
demand and rental value growth..
Details of the funds property holdings can be
downloaded here.
