London Central Portfolio (LCP) has rolled out a residential London property fund, Financial Times reports. Institutional and private investors will be able to access the diversified fund in all of the recognized postcodes through the Sharia-compliant fund. Profits from the closed-end, five-year term fund will be taxed as capital gains. Minimum investment for the fund is £50,000 or less, subject to the individual investor’s suitability.
Click here for the story from Financial Times.