UBS Global Asset Management has renamed the UBS South East Recovery Fund as the UBS Central London Office Value Added Fund, Property Week reports. The rebranded fund will seek to raise £100 million by a final closing on June 30, 2012.
The fund consists of six central London office properties and aspires to bring returns of over 10% annually. New acquisitions will concentrate on multi-let properties with asset management potential and refurbishment options.
Click here for the story from Property Week.