Indirect Portfolio
Conygar Plc
London, Aim Listed Property Company
Former MEPC Management team with an excellent track record of delivering returns from investment property.
250,000 shares acquired in August 2010 at £1.11, on discount of 30% to NAV
The West End of London Property Unit Trust (WELPUT)
London, West End
The Fund, managed by Schroders and Grafton Advisors provides the fund exposure to 9 good quality investments in London valued at £700m. The Central London occupational market has recovered well since August 2009 when units were acquired for the fund at a 12% discount to NAV. 4,480 units we acquired for £223 per unit, June 2011 Valuation of £433 per unit a (94% increase).