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LSE:DKE

Dukemount Capital PLC

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Market:
LSE
Market Cap:
£1.9 m
Price
0.38 GBX
Change
-2.05%
52 weeks high
1.20
52 weeks low
0.23

In brief

The purpose of the company is to acquire, develop and manage portfolios of properties which may in some cases be sold onto 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 Associations properties in the Supported Living sector, Independent Retirement Living with Extra Care and Hotels.