Our objective is to identify and acquire interests in potential target businesses capable of delivering long term value for its shareholders.
In doing so, we will seek to acquire control of or influential stakes in target companies, businesses or assets, enabling us to develop the target business.
We will consider a range of potential business and assets for acquisition or investment. However, our initial focus will be on leisure and hospitality and our initial target is European leisure and entertainment.
Acquisition or investment targets will most likely be located in less developed destinations, which are considered to offer the best potential for capital appreciation.
Having deployed available capital, our objective will be:
We will continue to actively manage our current property portfolio alongside the new strategy at least until the current uncertainty overhanging the UK property market has ended.