A new property investment opportunity has been launched by FC, offering clients the chance to make the most of UK commercial properties .

The FC UK Property Fund is to be managed by FC REIT and will be available at a fixed price of 100p per unit until July 23rd.

Daily pricing and liquidity will be offered, with the underlying property investments valued on a monthly basis, while the product will be structured as a Non-UCITS Retail Scheme.

Julian Smith, director of the FC UK Property Fund, explained how, with market forecasters predicting upgrades for 2010, the investment opportunity is attractive.

He said: As the economy slowly recovers, we anticipate the demand for property will increase and, given low cash returns, believe that the opportunity cost and yield for commercial property is very attractive.

The Fund will retain a cash position to manage liquidity.

Meanwhile, the Friends Provident Life and Pensions With Profits Fund property portfolio won the award for highest total return balanced fund at the IPD European Property Investment Conference Awards.