Legal & General is the owner or licensee of all copyright and other intellectual property rights in the Website and all materials published on this Website. These works are protected by copyright laws and other intellectual property laws and treaties around the world. All such rights are reserved by Legal & General and its third party licensors. All trademarks, service marks, company names or logos are the property of their respective owners, and Legal & General does not grant any license with respect to your use of such trademarks, service marks, company names and logos, and such use may constitute an infringement of the intellectual property rights of the rights holders. The Industrial Property Investment Fund (IPIF) was launched in 1997 and was one of the first specialist mutual funds in the Jersey real estate sector to be established. The fund invests primarily in high-quality, higher-yielding, primarily multi-rental industrial and commercial areas, as well as distribution warehouses, with a focus on London and the South East. The Industrial Property Investment Fund is a limited partnership of the United Kingdom and was one of the first funds of its kind, launched in 1997. It invests primarily in high-quality, higher-yielding and predominantly multi-tenant industrial estates in the UK. The Fund also maintains an ongoing development and rehabilitation programme. Legal & General Investment Management is one of Europe`s largest asset managers and a major global investor with total assets of £726 / EUR 1,025 / CHF 1,067 billion*. We work with a wide range of global clients, including pension funds, sovereign wealth funds, fund distributors and retail investors. Over the past 40 years, we have built our business by understanding what matters most to our clients and transforming that knowledge into valuable and accessible investment products and solutions. We offer investment expertise across all asset classes, including fixed income, equities, commercial real estate and cash.
Our capabilities range from index tracking and active strategies to liquidity management and liability-based risk management solutions. (ii) post or transmit any material that is libelous, defamatory, obscene, fraudulent, misleading, harmful, violates the proprietary rights of others (including, but not limited to, violates the intellectual property rights of others), violates the privacy of others, or violates applicable laws. In particular, this website and its content are not intended for persons who are residents of the United States (“U.S. Person”), and no offer or invitation is made to any person of the United States to buy or sell any service, product or security. The provision of information on this website does not constitute an offer to U.S. persons to purchase securities. When you access information on this website, it is your responsibility to comply with applicable local, national or international laws. Specific changes to these Terms and Conditions will apply to each jurisdiction in which Legal & General is authorised or registered to carry out investment activities or activities and these changes can be found below. You must comply with these Terms and Conditions, as modified by the applicable terms below, with respect to the jurisdiction in which you access and use the Website. The fund, valued at over £2.3 billion, specialises in multi-tenant industrial and commercial assets, mainly located in the South East of England. At the end of June 2020, it had achieved the highest returns in the AREF index over 3, 5 and 10 years, with the fund having achieved a return of 16.2% per year over the last 3 years, for example, against a total return on the PFI real estate index of 3.9% per year.
During the lockdown period, the fund remained “open” and did not receive any withdrawal requests. New funding for the fund was agreed upon following its conversion from a closed-end fund to a scalable open-ended fund, allowing for greater availability of funding options. Industrial Property Investment Fund (IPIF) is a closed-end private equity fund managed by Legal & General Property. You should only subscribe for shares in a collective investment undertaking after you have read the fund agreement and/or the latest prospectus, the key investor information documents (KIIDs), the last audited annual report and, where applicable, the subsequent unaudited half-yearly report as well as any relevant additional documents in accordance with local law. The content of the Website is provided for informational purposes only and does not constitute an offer, solicitation or recommendation to buy or sell securities or financial instruments, nor does it form the basis of any contract, obligation or decision of any kind. It does not replace the complete documentation of the collective investment scheme concerned. This content does not constitute a personalized assessment or investment recommendation, and the information contained therein should not be construed as financial, tax or legal advice of any kind. The Fund maintains an ongoing program of lease redevelopment and negotiation.
The value of an investment and any income derived from it are not guaranteed and can fluctuate up or down, and investors can recover less than the amount originally invested.