Local Authorities
CCLA has been appointed by the Local Authorities’ Mutual Investment Trust (LAMIT) to manage and administer the Local Authorities’ Property Fund.
LAMIT was established around 30 years ago to provide investment services for local authorities in the UK. It is controlled by Members and Officers appointed by the Associations of Local Authorities in England, Wales, Scotland and Northern Ireland and by Trust Members representing the Funds' Unitholders.
Local Authorites’ Property Fund
High quality, well-diversified commercial and industrial property portfolio
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Focus on delivering attractive income
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Actively managed to add value
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Usually held with other investments such as equities, bonds and cash to give a broad spread of assets and achieve combined income and growth objectives
The Fund offers all the advantages of a professionally managed property portfolio, with broadly diversified exposure to high quality properties in the strongest areas of the market. By investing in the Fund, you avoid the potential problems, costs and administrative difficulties of investing in properties directly yourself. CCLA is well established in this market with over 30 years’ experience of property investment.
Who can invest?
Local Authorities in England, Wales, Scotland and Northern Ireland can invest in the Fund. The minimum initial investment in the Fund is £250,000 after which you can invest sums of £10,000 or more.
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