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It is intended that the Fund will be a Property Authorised Investment Fund at all times, and as such, its investment objective is to carry on Property Investment Business and to manage cash raised for investment in the Property Investment Business. The aim of the Fund is to acquire freehold ground rents which offer a consistent income stream and capital growth prospects. In accordance with the investment objective of the Fund, capital will be invested through acquiring freehold ground rents. Such property will only be held directly by the Fund, unless via interim holding vehicles for the sole purpose of satisfying the Landlord and Tenant Act 1987 or to permit completion of an acquisition of property it is intended that no interim holding vehicles shall be retained by the Fund for a duration of more than 24 months.
Name | Title | Since | Until |
---|---|---|---|
Nigel Ashfield | Deputy Managing Director | 1993 | Now |
Biography | Nigel joined Close Investments in 2001 having qualified as a chartered accountant with PricewaterhouseCoopers in 1999. Since 2006, he has sat on the Board of the Property team of Close Investments as Deputy Managing Director. |
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