TITLE

working it out

AUTHOR(S)
O'Connell, Bridget
PUB. DATE
January 2014
SOURCE
EG: Estates Gazette;1/25/2014, Issue 1355, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Schroders Real Estate Investment Management has completed paying off the debt of the former Matrix European Property Fund. Topics addressed include the extended June 2014 maturity of the fund's Lloyds Banking Group facility, Schroders fund manager Duncan Owen's asset management strategy, and the disposal of assets at premium to book value. Expectations that the fund's shareholders will start realizing value from the debt-free portfolio are also mentioned.
ACCESSION #
94144339

 

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