Aviva property fund grows by €65m despite €45m setback
Overall increase over three years is attributed to rise in value of portfolio and focus on assets with long leases
The value of Aviva’s Irish Property Fund has grown by €65 million over the three years to January 20 despite the revaluation of properties on a disposal basis following requests from some customers for redemption of their investments.
The change in valuation policy saw a reduction of €45 million in the fund value from €415.08 million at end December 2019 to €370 million at the end of January 2020.
The fund attributed the earlier increase over...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Hot online bidding pushes March auction prices 26% above AMV
According to Youbid.ie chief executive Michael O’Connor, steady sales show the pandemic has led to an increased willingness to buy online
Clondalkin flagship project poised to begin this week
With the easing of restrictions on construction from tomorrow, building will start on the Kilcarbery Grange, the first public-private housing project to result from the government’s Rebuilding Ireland plan
Monasterevin pub and off-licence guiding €400,000
Protected structure Finlay’s is ideal for an owner-occupier or as an investment property for rental income
Large zoned land site beside M2 Cherryhound Interchange on market for €18m
M2 Airlink should pique the interest of logistics and warehouse developers and occupiers in wake of ongoing Brexit delays
