KCR Residential REIT plc

Name
KCR Residential REIT plc
Manager
Allenby Capital Ltd
Type
Closed Ended Investment Company
ISIN
GB00BYWK1Q82
Sector
Property - UK Residential
Launched
03/07/2015
OCF
32.41 %
3 Year Sharpe
-0.17
Yield
0 %
Fund Size
£ 7.66 million
NAV
71
Gearing
137
Discount Premium
-32
The company will build a portfolio of UK rented residential property. This will be diversified by location, building and tenant targeting areas where both capital and rental growth are expected to be strong in the coming years. The focus of acquisitions will be of SPVs holding real estate assets, although the company may also make direct real estate acquisitions. When acquiring SPVs, the company expects that it will only acquire the entire share capital of those SPVs. To gain access to a wider pool of opportunities over time, the company may invest in properties in development once they are completed to the required specification. It may also invest in the forward funding of developments but it will not take on ground up development planning or construction risk.
Name
Allenby Capital Ltd
Address
EC3A 6AB, London, United Kingdom
Legal Structure
Closed Ended Investment Company

Managers

Not Disclosed
Joined 07/03/2015

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.