Annual UK & European Property Investment Awards2025
We are pleased to announce the winners of our UK and European Property Investment Awards based on their 2025 performance.
Our awards recognize and celebrate the top performing funds across the real estate investment landscape, while also congratulating the teams who have delivered outstanding returns for their investors.
These awards are based upon independently verified direct real estate investment performance by pension and life funds, unlisted pooled funds, property investment companies and other professionally managed real estate portfolios. Eligible funds were measured to December 2025 in accordance with MSCI Real Estate Portfolio Services, globally defined data standards and performance measurement procedures.
UK Property Investment Awards2025
Listed Funds
Fund: Target Healthcare REIT plc
Fund Manager: Target Fund Managers Limited
Life Funds
Fund: Prudential UK Real Estate Ltd Partnership
Fund Manager: M&G Real Estate
Segregated Pension Funds with end-period Capital Value over £700m
Fund: The real estate portfolio of the Barclays Bank UK Retirement Fund
Fund Manager: Aberdeen Investments
Segregated Pension Funds with end-period Capital Value under or equal to £700m
Fund: Lancashire County Pension Fund (Local Investment Strategy)
Fund Manager: Knight Frank Investment Management (Under a separate account mandate from Local Pensions Partnership Investments Limited)
Unlisted Pooled Balanced Funds with end-period Capital Value over £1.5bn
Fund: M&G Secured Property Income Fund (SPIF)
Fund Manager: M&G Limited
Unlisted Pooled Balanced Funds with end-period Capital Value under or equal to £1.5bn
Fund: HIFML UK Property Fund
Fund Manager: Schroders Capital
Highest 10-year risk adjusted total return
Fund: Target Healthcare REIT plc
Fund Manager: Target Fund Managers Limited
Highest 10-year risk adjusted relative return
Fund: Schroder Real Estate Investment Trust
Fund Manager: Schroders Capital
European Property Investment Awards2025
Austria Country Award
Fund: Real Estate Portfolio Generali Versicherung Österreich
Fund Manager: Generali Real Estate S.p.A., Austrian Branch
European long-term risk-adjusted relative return award
Fund: Schroder Real Estate Investment Trust
Fund Manager: Schroders Capital
France Balanced Fund
Fund: PERIAL OPPORTUNITES EUROPE
Fund Manager: PERIAL Asset Management
France Specialist Fund
Fund: Agrica
Fund Manager: Direction financière d’Agrica
Ireland Balanced Fund
Fund: Gresham House Commercial Property Fund
Fund Manager: Gresham House Real Estate Ltd
Italy Specialist Fund
Fund: Fondo Porta Nuova Garibaldi
Fund Manager: Coima SGR
Netherlands Specialist Fund
Fund: Athora Direct Dutch Real Estate Equity
Fund Manager: Apollo Global Management
Norway Balanced Fund
Fund: Oslo Pensjonsforsikring Real Estate Portfolio
Fund Manager: Oslo Pensjonsforsikring
Pan-European Balanced Fund
Fund: M&G European Property Fund
Fund Manager: M&G Real Estate
Portugal Balanced Fund
Fund: Property Core Real Estate Fund
Fund Manager: Square Asset Management SGOIC, S.A.
Portugal Specialist Fund
Fund: Fundiestamo I
Fund Manager: Fundiestamo SGOIC, S.A.
Spain Balanced Fund
Fund: CA Património Crescente
Fund Manager: Square Asset Management SGOIC, S.A.
Spain Specialist Fund
Fund: Cartera Inmobiliaria de Mutua Madrileña
Fund Manager: Mutua Inmobiliaria
Sweden Balanced Fund
Fund: Fokus Swedish Balanced Property Fund
Fund Manager: Fokus Nordic
Sweden Specialist Fund
Fund: Slussgården
Fund Manager: Slussgården
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