The fund will now direct both property and at least 45% of the portfolio into REIT shares, according to shareholder communications seen by Investment Week.
It will also seek to broaden its geographic investment pool from just the UK to a wider international boundary.
abrdn to restructure open-ended UK real estate fund into global hybrid model
The change is subject to shareholder approval and if agreed, will come into effect on 1 April 2025.
The £118.2m fund launched back in 2014 and is the latest in an ongoing trend of open-ended property funds to move its investment model to a …
