Ground lease funds take off
Ground lease funds take off
- 2012
- EuroProperty 19 March 2012, 10(1) .
Pramerica Real Estate Investors has launched the first commercial ground lease fund which although UK focused is already attracting interest from European investors. The fund's scope could soon be expanded to include property outside the UK. Ground leases are seen as a bond substitute. Summarises the history of the ground lease concept in the UK and outlines its modern development potential.
United Kingdom
Pramerica Real Estate Investors has launched the first commercial ground lease fund which although UK focused is already attracting interest from European investors. The fund's scope could soon be expanded to include property outside the UK. Ground leases are seen as a bond substitute. Summarises the history of the ground lease concept in the UK and outlines its modern development potential.
United Kingdom