Threadneedle Investments has opened access to its Sackville Property unit trust (PUT) to a broader range of investors.

As an exempt unauthorised PUT, the £110m (&euro180m) Sackville fund was only available to UK pension funds and charities. But relocated to Jersey, and rebranded the Threadneedle Property unit trust, the new fund, which opens for business on Monday, will be accessible to a wider range of institutional and high net-worth clients.