Press Releases
Mayfair Capital’s charity fund nears £150m on completion of Teddington purchase
The full announcement can be found in the attached PDF file.
Mayfair Capital’s charity fund invests £40m and yields over 7% to investors
The full announcement can be found in the attached PDF file.
Latest News
April 2012
The Fund returned 1.2% in Q1, 2012 (compared to the IPD/AREF All Balanced Funds Index at 0.8%). The distribution amounted to 1.53 pence
Both the Q4, 2011 and Q1 2012 distributions were paid at the end of April following sign off of the Annual Audit for YE December 2011.
The Fund returned 1.2% in Q1, 2012; 13.3% annualised over the last 3 years (compared to IPD/AREF All Balanced Fund Index of 0.8% and 8.8% respectively).
The Fund completed on its purchase of the Teddington Travelodge on 19th April. The Fund’s weighted unexpired lease profile now stands at 10.7 years; the LTV at c. 25%; and the vacancy rate at 1.4%.
Asset Management continues across the Fund with the noted success in April being the granting of a new 10 year lease to Intrinsic Technology at our offices in Haydock.
The Fund’s AGM is to be held on 20th June 2012, full details, including the Annual Accounts, will be forwarded to investors in the next 10 days.