F&C property fund favours regional office buildings , industrial spaces and logistics sites in the UK . Richard Kirby , manager of the £ 1.2bn ( $ 12 ) It is a great asset because we can manage and engineer the tenant line-up and improve the mix over time, depending on market conditions. F&C Commercial Property Trust said the fund was targeted at cities outside London where commercial landlords are facing increased competition from serviced office providers such as WeWork . Kirby said falling prices in London have prompted the fund to reduce its holdings in the capital over the past couple of years .
F&C property fund favours regional office buildings , industrial spaces and logistics sites in the UK . Richard Kirby , manager of the £ 1.2bn ( $ 12 ) F&C Commercial Property Trust said the fund was targeted at cities outside London where commercial landlords are facing increased competition from serviced office providers such as WeWork . Kirby said falling prices in London have prompted the fund to reduce its holdings in the capital over the past couple of years .