Press Releases
Mayfair Capital Relaunches Property Growth Fund No. 2
The full announcement can be found in the attached PDF file.
Mayfair Capital's Opportunities Fund sells Cheltenham shop
The full announcement can be found in the attached PDF file.
Latest News
September 2011
We are pleased to announce the launch of the MC Property Growth Fund No2, formerly the Special Opportunities Fund. For further details please see the press release opposite.
July 2011
The Fund returned -0.5% in Q2 whilst the IPD Monthly Index returned 2.1%. The main reason for the reduction was the down valuation of Birmingham in response to the lease shortening.
The holding in WELPUT continues to rise in value with a total return from this holding of 4.59% over the quarter. The assets held by the Fund continue to benefit from the cyclical upturn in rental performance in West End office markets.
The Fund’s investment at 2 Hyde Park Square remains on course to complete in March 2012. Half the units (by number) have been sold off plan in the Far East whilst the sales represent 35% of development value.
In relation to the holding in the PC Mayfair Lots Road LLP, the Fund’s development partner, BMB Developments are working on the planning application process
During Q2, 2011 the Fund exited the remainder of its holding in the Isis Property Trust (IPT.L). The price achieved was £1.04 per share. The sale crystallised a profit of 21.5% on its holding in this investment trust.