Falcon Property Trust, a collective investment scheme for charities and pension funds, boosted the value of its portfolio by 3% to £22.2m during the year with rental income up 5% to £1.68m. The total gross return for unit holders was 12% Falcon’s properties are mostly based in the South East and the fund recently found a tenant for its distribution centre at Milton Keynes at an annual rent of £250,00 pa.
Falcon Property Trust, a collective investment scheme for charities and pension funds, boosted the value of its portfolio by 3% to £22.2m during the year with rental income up 5% to £1.68m. The total gross return for unit holders was 12% Falcon’s properties are mostly based in the South East and the fund recently found a tenant for its distribution centre at Milton Keynes at an annual rent of £250,00 pa.
