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Ground lease funds take off

By: Language: English Series: EuroProperty ; 19 March 2012, 10(1)Publication details: 2012Subject(s): Summary: 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.

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.