The Industrial Property Investment Fund (IPIF) was launched in 1997. The Fund invests primarily in good quality, higher yielding, predominantly multi-let, industrial estates as well as distribution warehouses with an emphasis on London and the South East. It also invests, to a lesser extent, in regional assets, trade parks, self-storage units and targeted development projects.

The Industrial sector outperformed All Property by over 6% p.a. over the last three years to end September 2020, according to the MSCI IPD Quarterly Index.
Jonathan Holland, Senior Fund Manager

Our strategy

The Fund maintains a rolling refurbishment and lease negotiation programme.

The portfolio maintains a South East bias.

The Fund seeks to retain high yielding assets and to recycle properties that are vulnerable to voids or tenant default and where few added value opportunities exist.

20+

years experience

167

number of properties

1,409

number of occupiers

Focus on sustainability

The Fund actively advocates the importance of the circular economy by adopting a unique approach to improving health and environmental sustainability.  The Fund works alongside property management partners  to reduce, reuse and repurpose waste rather than it ending up in landfill or an incinerator, adapting the approach to local circumstances to benefit both local social enterprises and the environment.

Case study

Clocktower industrial estate

The estate is arranged over two phases with the most modern units located in a central core. These units benefit from steel portal frames with profile elevations. Office accommodation is located to the first floors and are fully fitted whilst the warehouses have electric powered up and over loading doors and 3 phase power

Specialist funds

Specialist areas of the real assets market

Get in touch

The Real Assets Solutions team operates right across the entire LGIM Real Assets platform. With more than 100 years of combined industry experience, our 10-strong team draws on the expertise of former investors, consultants and product specialists.