Aberdeen Combines Funds to Create £700M Global Hybrid Real Estate Vehicle
Aberdeen Investments is seeking approval to merge three of its real estate funds into a single global hybrid fund with total assets under management (AUM) of approximately £700 million. The new vehicle will combine direct property investments and listed real estate shares, offering greater diversification and liquidity compared to traditional property funds that typically focus on one asset type. The merger involves the Abrdn Real Estate Fund (£522M AUM), the Abrdn Real Estate Feeder Fund, and the Abrdn Global Real Estate Fund (£229M AUM). The new fund aims to provide investors with access to a broader range of global property markets while creating a more scalable platform for long-term growth. Aberdeen's head of real estate emphasized that this strategy aligns with industry trends toward larger funds offering better returns through diversification and lower fees.
