The Cubic Property Fund is a listed fund that invests directly in commercial property in the United Kingdom and selected European countries. This website is intended for professional investors only. The information on this website is for information purposes only and does not constitute an offer or a solicitation, or an investment recommendation by the Cubic Property Fund. If you are a professional investor, please click here. If you are a retail investor, contact your financial advisor before making investment decisions, as the Cubic Property Fund is not suitable for all investors. Cubic Property Fund does not offer investment advice.


The information on this website is not directed at any person in the United Kingdom nor is any such person eligible to act on the information contained herein unless such person is an professional investor. A “professional investor” for these purposes means an investment professional or high net worth company as defined in sections 19 and 49 respectively of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, which include: 1) an authorised person under the Financial Services and Markets Act 2000; 2) a high net worth company with called up share capital or net assets of at least £5 million; 3) a trust with assets of at least £10 million; or 4) any other person to whom the material on this website may otherwise lawfully be directed in accordance with the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Before proceeding to your preferred selection, you are reminded that your use of this site is subject to express terms and conditions of use.
The information on this website is not directed at any US Person. By proceeding you confirm that you are not a US Person. This website is reserved exclusively for non-US persons and should not be accessed by any person in the United States.

The Cubic Property Fund (the “Fund”) does not intend that this website is accessed by persons or in countries or jurisdictions where accessing the website would be unlawful. Similarly, the Fund does not offer or sell products or services to persons or in countries or jurisdictions where such invitation, offer or sale would be unlawful. If you are in any doubt as to whether you are lawfully permitted to access this website, do not continue until you have spoken to your financial adviser.
The contents of this website are not for use by retail clients.

The Fund is an internally managed alternative investment fund (“AIF”) for the purpose of the Alternative Investment Fund Managers Directive 2011/61/EU (“AIFMD”). The Fund may not be marketed (within the meaning given to the term “marketing” under the AIFMD), and this website may not be accessed by any prospective investors domiciled or with a registered office in any Member State of the European Economic Area (“EEA”) unless: (i) the Fund benefits from the transitional provisions of Article 61 of the AIFMD (as transposed into domestic law) in the relevant EEA Member State in relation to such marketing; (ii) the Fund may be marketed under any other private placement regime or other exemption in the relevant EEA Member State; or (iii) such marketing was initiated by the prospective investor and not by the Fund or any other person/entity acting on behalf of the Fund.

By clicking here, you confirm that you are a professional investor lawfully able to access the website and that you agree to the terms and conditions above.

Price Date 1
30th June 2020
NAV Price
NAV Price (inc. 5% initial charge)
Gross Asset Value (GAV)
Fund Currency
Location weighting
{"type":"pie","data":[{"label":"UK","value":"10.4"},{"label":"Channel Islands","value":"23"},{"label":"Spain","value":"66.6"}]}
Sector breakdown
Fund Administrator, Secretary and Registrar
Cannon Asset Managment Limited
Investment Advisor
Montreux Advisers Limited
Property Advisor
Avignon Capital Limited
Moore Stephens
Largest Properties % of total income
Arnold House, Guernsey 37%
Bang de Sang, Barcelona 27%
50 La Colomberie, St Helier 16%
Gable House, Turnham Green Terrace 12%
159 High Street, Guildford 5%
36 Westgate Road, Dartford, Kent 3%
Cubic share price (pence)
{"type":"line","data":[{"date":"30\/09\/2013","value":"2.214","label":"Q3 2013"},{"date":"31\/12\/2013","value":"2.288","label":"Q4 2013"},{"date":"31\/03\/2014","value":"2.417","label":"Q1 2014"},{"date":"30\/06\/2014","value":"2.467","label":"Q2 2014"},{"date":"30\/09\/2014","value":"2.650","label":"Q3 2014"},{"date":"31\/12\/2014","value":"2.749","label":"Q4 2014"},{"date":"31\/03\/2015","value":"2.740","label":"Q1 2015"},{"date":"30\/06\/2015","value":"2.845","label":"Q2 2015"},{"date":"30\/09\/2015","value":"2.996","label":"Q3 2015"},{"date":"31\/12\/2015","value":"3.096","label":"Q4 2015"},{"date":"31\/03\/2016","value":"3.133","label":"Q1 2016"},{"date":"30\/06\/2016","value":"3.203","label":"Q2 2016"},{"date":"30\/09\/2016","value":"3.331","label":"Q3 2016"},{"date":"31\/12\/2016","value":"3.249","label":"Q4 2016"},{"date":"31\/03\/2017","value":"3.189","label":"Q1 2017"},{"date":"30\/06\/2017","value":"3.224","label":"Q2 2017"},{"date":"30\/09\/2017","value":"3.279","label":"Q3 2017"},{"date":"31\/03\/2018","value":"3.407","label":"Q1 2018"}]}
Divided per share

The organisation

Cubic Property Fund Ltd

Fund administrators

Cannon Asset Management

Investment advisors

Montreux Advisers Ltd

Fund Custodian

ABN AMRO (Guernsey) Ltd

Property advisors

Avignon Capital

Cannon Asset Management

Managing agents

BNP Paribas



Carter Towler