The Local Authorities’ Property Fund

Capital at risk. Past performance is not a reliable indicator of future results. The value of investments and the income derived from them may fall as well as rise. Investors may not get back the amount originally invested and may lose money.

Key facts

Launch date
January 1963
Unit types
Minimum initial investment
Minimum subsequent investment
Dealing day
Last day of month
Bid to mid spread
Mid to offer spread

Fund overview

Fund objective

Aims to provide investors with a high level of income and long-term capital appreciation.

Who can invest?

Any local authority in England, Wales, Scotland and Northern Ireland.

Fund suitability


Suitable for the long-term funds of any local authority seeking exposure to UK commercial property.

Fund documents

Advisory board

An advisory board for The Local Authorities' Property Fund has been established to represent the interests of investors and the public sector as a whole. The advisory board will meet quarterly with the manager of the fund, CCLA, to provide guidance and monitor the management and development of the fund.

Ready to invest?

We're delighted you've chosen to invest with CCLA. Get the process underway by downloading our application form.

Whether you are a new investor to CCLA or topping up an existing account, please ensure you read the scheme information and key information document (KID). The KID can help investors understand the nature, risks, costs, potential gains and losses of the fund, and compare the fund with other products. 

Looking for other documents? Click here to visit our client documentation page.