The open-ended international direct commercial property fund opened to retail investors in May.
New Star has selected properties spread across nine cities, six countries and three continents. By doing so it aims to offer broad geographical diversification from the outset. It is being sold not just in the UK but also to European and Asian investors, both retail and private bank.
The New Star International Property fund is unleveraged and will invest in properties in Germany, the Netherlands, Australia, Japan and Switzerland.
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