A cheap way into West-End property

A cheap way into West-End property

Private investors will soon have the chance to invest in an established £873m West End property portfolio through a feeder vehicle to be launched on Aim. Called the West End of London Property Investment Company (Welpic), the new company - which hopes to raise at least £100m - will buy shares in the West End of London Property Unit Trust (Welput), an institutional office fund managed by Schroders and specialist consultancy Grafton Advisers.

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