K&C REIT, the residential real estate investment trust group, has issued an update on trading and operations in its biggest property holding. The Osprey portfolio, acquired in May 2016, has “outperformed expectations”, doubling turnover and delivering a 15% return on investment. The group, which benefits from the tax advantages of its real estate investment trust status, reiterated its strategy of broadening its residential activities and is “looking at a number of oppor
15 May 2017
Main asset outperforms expectations
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Main asset outperforms expectations
KCR Residential REIT PLC (KCR:LON) | 9.0 0 0.0% | Mkt Cap: 3.75m
- Published:
15 May 2017 -
Author:
Alastair Stewart -
Pages:
2
K&C REIT, the residential real estate investment trust group, has issued an update on trading and operations in its biggest property holding. The Osprey portfolio, acquired in May 2016, has “outperformed expectations”, doubling turnover and delivering a 15% return on investment. The group, which benefits from the tax advantages of its real estate investment trust status, reiterated its strategy of broadening its residential activities and is “looking at a number of oppor