PAIF Index



A Property Authorised Investment Fund (“PAIF”) is a UK FCA authorised and regulated open – ended investment company intended to offer tax efficient pooling for investment into UK real estate assets.

NSCF PAIF Index | Q1 | 2018

The NSCF PAIF Index provides an integral benchmark of relative performance of a core basket of Property Authorised Investment Funds (“PAIFs”), representing a proxy for the performance of the authorised UK commercial property funds market . The PAIF Index is also assessed against a benchmark of a basket of UK REITs, useful in presenting the clear differentials in valuation approaches and volatility between the open – ended funds market and closed ended listed market