Rudolf Wolff Central London Commercial Property Fund

Now is one of the best opportunities in two generations to invest in a portfolio of investment grade Central London commercial property.

Approximate, ‘total returns’ are expected to be 15%-20% pa.

The Fund offers a timing edge, and portfolio managers, whose experience spans several economic cycles achieving such results. We can ‘lock in’ today’s commercial property yields (5-7% pa) for several years, close to historic highs, with security, with open market upward only rent reviews, and with valuable ‘reversionary’ opportunities to enhance assets by active management.

Government bond yields are much lower by comparison, and depositors face negative real returns. As investment options narrow and bad economic news dominates the media headlines Commercial Property is looking an attractive medium term asset. This is mainly due to the high comparative yields currently offered within the Commercial Property Sector. For Example Central London Returns are currently 5%-7%, some 2-3 times bank deposit rates. These property assets are on the whole let to high quality covenants on existing medium term leases in attractive locations.

As in past recessions we are seeing Central London lead the UK commercial property market in terms of capital and rental growth.

During 2008 and 2009 the Central London market was oversold in anticipation of the high vacancy rates seen in the 1990’s recession. This overhang has not happened as there were far fewer speculative evelopments underway at the top of the market. As a result we are beginning to see a sharp rebound in both rental and capital values and seek to capitalise on this trend.

Income will be distributed to shareholders semi-annually