A fund launched last summer to help investors put money into sustainable real estate has delivered a total return of 14% over its first year.
Foresight Group established its FP Foresight Sustainable Real Estate Securities Fund in June 2020 to invest in REITs. It has focused on investments in sectors including logistics and data centres.
Over the past year the fund has grown to £51.3m, delivering a return of 14.13% and an indicated yield of 3.8%.
Mark Brennan, partner at Foresight Capital Management (pictured), said: “The importance of liquidity and sector selection within property and real estate has become clear in recent years, and the fund has combined this focus with Foresight’s proprietary sustainability process. [Its] first year has demonstrated that real estate as an allocation within portfolios can continue to provide diversification, income and deep liquidity.”
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