The information in this site is intended for Swiss institutional investors only.

The information contained in these pages must not be used or relied upon by private investors. We recommend that you read our 'Terms & Conditions' before browsing the site.

Please refer to the following information on M&G Real Estate funds.

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M&G Secured Property Income Fund

The M&G Secured Property Income Fund’s (SPIF) current mid to long-term anticipated total gross return is 3% above UK inflation. The fund offers a diversified portfolio of UK real estate assets, let to predominantly high quality tenants on long-term, inflation-linked leases. SPIF was launched in 2007 and is the largest long lease real estate fund in the UK with a NAV of over €4.9bn*.

* As at 30 June 2020

The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.

There is no guarantee the objective will be achieved.

Where past performance is referenced, please note that this is not a guide to future performance.

Contact us

For further information about our long-lease real estate opportunities.

Contact us

We follow a relative value strategy that combines analysis of tenant credit quality with our real estate expertise, supported by our large pool of fixed income and real estate resources. This provides investors with the potential for long-term, liability-matching cashflows, whilst benefitting from the security of owning real estate assets that have the potential for capital growth.

Key features

  • Anticipated medium to long-term total gross return of 3% above UK inflation
  • Inflation-linked income
  • Long term investments
  • Security from predominantly investment grade tenants
  • Security from ownership of key operating assets
  • Capital growth potential from underlying real estate
  • Relatively low volatility of returns versus traditional real estate
  • Quarterly cash distributions (option to reinvest)

A typical transaction

A typical transaction of the M&G Secured Property Income Fund consists of the following:

  • A sale and leaseback with a UK corporate entity (the tenant)
  • The tenant has a contractual obligation to meet rental payments over a fixed lease term
  • A lease term of 25 years or more with annual reviews in line with UK inflation
  • Continual analysis of the tenant by our in-house credit resources
  • On-going assessment of the properties by our experienced real estate team

Who should invest?

  • Investors with long-dated, inflation-linked liabilities requiring index-linked cashflows
  • Investors seeking positive real income and capital gains
  • Fixed Income investors prepared to exchange some liquidity for higher returns and more security than typical corporate bond investments
  • Real Estate investors looking for a lower risk, lower volatility alternative to traditional balanced property funds

The Fund is established as an open ended unit trust under Guernsey law and is compliant with Swiss law for distribution to qualified investors in or from Switzerland. The Swiss representative is Société Générale, Talacker 50, P.O. Box 5070, 8021 Zurich. The Swiss paying agent is Banque Cantonale de Genève, 17, quai de l’Ile, 1204 Geneva. Investors in Switzerland can obtain the documents of the Fund, such as the Information Memorandum, the Trust Deed and the financial statements, and further information free of charge from the Swiss representative.


For institutional investors only. Not for onward distribution to any other type of client. No other persons should rely on the information contained on this website. 

This financial promotion is issued by M&G International Investments S.A.