Fund Login
-
-
- Our Services
- Our Team
- Alasdair Locke
- Peter Moon
- Ben Habib
- George Digby
- Martin Pryce
- Jeremy Barkes
- Jill Holmes
- Jay Dodhia
- Anthony Griffin
- John Dunkley
- Anna Harries
- Joanna Wajda
- Przemysław Kiszka
- Jeremi Słominski
- Barbara Komendowska
- Krystian Modrzejewski
- Robert Woźniak
- Krystian Pachówka
- Marzena Leśkiewicz
- Katarzyna Kercz-Podlejska
- Wojciech Całka
- Mirosław Szymański
- Magdalena Leszewska
- Anna Kilim
- Mateusz Łunkiewicz
- Agnieszka Plizga
- Dorota Michalska
- Agnieszka Cieslak
- Anna Pastuszak
- Izabela Chmielewska-Staniec
- Joanna Jeżewska
- Anna Longosz
- Paulina Poreda
- Paulina Mączyńska
- History of the Group
- Our Approach
- Our Clients
- Our Shareholdings
- Regulatory Approvals & Professional Memberships
-
-
-
-
-
-
All Funds to 30-Sep-2011:
|
) Pre credit crunch: |
Post credit crunch: |
|
0
2005 - strategic decision taken to sell UK properties, following the closing of the yield gap |
0
2009 - returned to investing in the UK. Polish funds remain running and revieving continued investment following successes. |
|
2005-07 UK funds reinvested in Poland where they have experienced outperformance versus IPD UK, Polish and CEE benchmarks.
|
2010 (February) - established UK Pension Property Portfolio LP (UK PPP) with £106 million of equity commitment. 2011 (September) – UK PPP nearly fully invested, enabling launch of Fprop Sterling Income Fund, intended to target same kind of property as UK PPP. Therefore ideally placed to determine that the business plan can be delivered.
|
Graph notes:
- Implied IRR calculations for RPT, 5PT and FOP use 31-Mar-2011 valuations (their most recent).
- Implied IRR calculation for UK PPP assumes a 7 year hold, a 10% increase in rents in year 5 (because rent reviews in UK tend to be 5 yearly), and yield compression of 0.3% (from 7.3% NIY to 7% NIY).
- Annualised ROE’s from inception are calculated using average pre-tax INCOME returns over each fund’s life ÷ by ORIGINAL shareholders’ capital employed (time weighted).
- Current ROE is calculated using annualised 12 month pre-tax income from 1-Apr-11 ÷ by original shareholders’ capital employed.
Exclusion:
SAM Property Co Ltd, established Aug 2004 on behalf of a HNW client of Coutts & Co, because:
a.) we do not have full discretion,
b.) financing is carried out independently by Coutts and we lack data to accurately calculate IRR and ROE.
Back to top |