The fund invests in in an actively managed portfolio of European property company shares, including the UK and continental Europe and including companies that invest in commercial and residential property.
The fund generally holds three-quarters in UK commercial property located principally in the South East of England, with the balance in cash and UK listed property company shares.
Run by M&G Real Estate, one of the UK's largest commercial property investors. The fund mainly invests in prime property with some secondary assets which offer management opportunities.
