Federated Hermes Property Unit Trust

Reasons to invest

Balanced allocation

A balanced asset allocation and active stock diversification strategy looking for balanced risk and return within a single solution.

Active management

Active property management aiming to maximise returns and create sustainable value.

Dedicated team

Dedicated team of 11 investment professionals with over 19 years’ average industry experience.

Appointments committee

Oversight from a wholly independent appointments committee to ensure a responsible investment approach.

Industry leader

An industry leader in environmental management.
Dermot Kiernan

We target a wide range of carefully chosen properties – including retail, office and industrial units across the UK. Our long-term goal is to maintain a balanced portfolio with the potential to grow sustainably.

Dermot Kiernan
- Fund Director of the FHPUT and Metro property funds

Investment approach

We select, own and manages all these properties directly. All the investors in the strategy are UK pension funds or charities, committed to achieving long-term returns.

Dermot Kiernan

Dermot Kiernan

Fund Director, Federated Hermes Property Unit Trust, Federated Hermes Limited
Dermot has over 35 years extensive experience in the UK property sector. He joined Federated Hermes in October 2020 from M&G Real Estate, where he managed three UK focused property funds. Prior to this Dermot worked for LaSalle Investment Management, principally on UK pension fund mandates, a publicly listed property company and, initially, in the public sector. Dermot is a member of the Royal Institution of Chartered Surveyors and has a BSc in Estate Management from Southbank University. He is also a holder of the Investment Management Certificate and a member of the Investment Property Forum.

Appointments committee
Appointments committee
David Nicol BA (Hons) CA - Chairman (Appointed 16 July 2012)
Paul Clark BA (Hons), MPhil (Appointed 3 December 2014)
Sue Clayton BSc FRICS (Appointed 9 December 2014)
Andrew McIntyre MA, ACA (Appointed 7 June 2017)
Frances Davies MA, MPhil (Appointed 18 February 2019)

Key documents

FHPUT Annual Accounts
FHPUT Information Memorandum
FHPUT Interim Accounts
FHPUT Quarterly Data Report
Bag

Dealing information

Reasons to invest - icon - Consistency

Secondary Market Trades

Want to find out more?