As part of their commitment to providing a diverse portfolio of
assets, the Church Commissioners for England hold an investment
property portfolio valued in 2014 at just under £2 billion, nearly
30% of their total fund. The average return in 2014 was 27% driven
primarily by capital growth, including realised gains on sales. The
annualised return for the last ten years is 11.1%, compared with
the IPD benchmark of 6.5%. The portfolio is split across a
variety of property sectors and geographies in order to provide the
funding the Church of England requires with the best possible
risk/return profile. The Property Investment Department manages
rural and strategic land, residential, commercial and indirect
property, as well as timberland / forestry and infrastructure.
For more information on the property portfolio please follow
this link to pages 24 and 25 of the latest Church
Commissioners' Annual Report.
The Commissioners' Total Real Estate portfolio has
won IPD's three year rolling performance award for large balanced
funds for the past eight years in a row, and best
fund measured over 10 years three times.