OKSANA PATRON | MONEY MANAGEMENT
Commercial property funds management firm, Stronghold, has launched its suburban commercial property fund, the Stronghold Precincts Property Fund (SPPF) which will aim to offer investors a targeted income of 7% per annum.
The new open-ended fund would also offer higher liquidity, with up to 5% gross asset value (GAV) per annum on a rolling basis, and would allow ongoing investment over time hopefully giving financial planners time to discuss the investment option with their clients and let them grow familiar with the plan, the firm said.