Aegon to launch care home property fund
Aegon Asset Management is to launch an property fund for investment professionals which aims to take advantage of the increasing healthcare needs of the UK’s ageing population. The Aegon Target Healthcare Property Unit Trust will provide investors access to a range of healthcare properties, with an emphasis on care homes.
The fund aims to raise £300m with a maximum of 50% gearing. It already has commitment of £30m from Aegon Asset Management and two third-party property specialists. The fund is open to investment professionals. There is a minimu