Aberdeen AM has been licensed in order to distribute its European Balanced Property Fund in France.
The fund, launched in 2006, targets institutional investors with a strategy to invest in retail, office and industrial/logistics properties in the eurozone.
Assets invested in the European Balanced Property Fund currently amount to €487m.
The fund aims to deliver an annual return of 6.5% per annum with outperformance of the IPD-PEPFI Balanced Funds.
It targets a dividend distribution of 4.5% per annum, with no guarantee that target returns will be achieved.