The Property Income Trust for Charities (PITCH) aims to deliver a relatively high and sustainable income yield whilst at least maintaining capital value in real terms over the economic cycle. It achieves this by investing thematically to identify structural changes in the market and long term drivers of occupational demand. The Fund typically acquires income producing properties with growth prospects together with properties where there is “embedded” value that can be extracted through active asset management.
The Fund aims to diversify risk through tenant, sector and geographic spread throughout the UK. It operates both ethical and environmental policies and seeks to be a socially responsible investor.
Data as at: 30 June 2024, Source: Swiss Life Asset Managers UK Limited