Paul Gazzard, Non-Executive Director of Dukemount Capital #DKE - 25th May 2017

May 26, 2017, 04:50 AM

Paul Gazzard, Non-Executive Director of Dukemount Capital #DKE covers today’s news, which is letter of intent they’ve signed for their first acquisition.

The purpose of the Company is to acquire, develop, and manage portfolios of properties which may in some cases be sold on to institutional investors on a sale and leaseback basis and which are already backed up by long term operational tenants at a rent, which where possible is CPI linked. The required rental profile implies that the target properties will be operating in cash regenerative business such as Housing Association properties in the Supported Living sector and hotels.

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