Ivan Minter, CFO of Ace Liberty & Stone (Listed on the NEX Exchange), to discuss the background of the company, where they operate and wanted to expect over the coming months and years. Shareholders will gain an insight into what properties Ace Liberty & Stone have already invested in and where they see value for investors moving forward.
Minter discusses the good covenants of tenants, with many being local governments based in the UK. With a strong investor base of high net worth individuals, the remit is to find properties where the potential for increasing value is paramount. Minter gives a worked example where Ace Liberty & Stone have added value to a portfolio of properties. Ivan sees the current valuations in London as prohibitive but geography isn’t the main driver behind their selection of properties eligible for investment.
Ivan breaks down the wealth of experience in both exec and non-exec positions on the board.
Minter highlights the track record and makes an omission that the company has performed rather better than even he had expected.
Finally, Minter is proud to talk about the current dividend policy and
how they have paid dividends over recent years. There is the potential to become a REIT and pass more profits back to shareholders.
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